LONDON Casio Computer Co., Ltd. and Toppan Printing Co., Ltd. have agreed to form a joint venture to make organic light-emitting diode (OLED) displays.
The company, as yet un-named, will be owned 80 percent by Toppan and 20 percent by Casio when it comes into being on April 1, 2010 and has the charter to research, develop, manufacture, and sell OLED displays and TFT LCDs.
Casio will contribute its know-how and facilities related to small and medium-sized TFT LCDs. This technology is also relevant to the driving of OLED displays. Toppan will contribute fabrication technologies based on printing methods that Casio and Toppan Printing consider essential for the manufacture of OLED displays.
The company will be formed by Casio and encompass all the facilities and personnel in Casio's small and medium-size TFT LCD business and in OLED development. It will also take over ownership all shares in Casio's wholly owned subsidiary Kochi Casio Co., Ltd. Following that, 80 percent of the shares in the new company will be transferred from Casio to Toppan Printing on the target date of April 1, 2010.