Display - CPT, Mitsubishi to Jointly Run Display R&D Center
October 27, 2004
CPT and Mitsubishi have plans to set up a R&D center in Japan for collaboration in developing display technology and new product applications.
While Mitsubishi is a formidable player in the display industry and is strong in the segment of projection TV and handset/industrial-use panels, existing capacity and production limitations have been hindering its sales in 20" to 40" LCD TV panels. Teaming up with CPT is a strategy to help strengthen Mitsubishi's standing the LCD TV panel segment.
At the same time, CPT faces Samsung's and LG. Philips' strong lead in display technology. Therefore, apart from adding to the frequency and depth of its cooperation with Taiwanese academic organizations, it also plans to further increase technological exchange with Mitsubishi.