Toppan Printing Brings TFT Manufacturer Ortus Technology into the Group


Posted on March 31, 2010 @ 02:16 pm



In order to commence a business collaboration with Casio Computer Co., Ltd. in the small and medium-sized display business, on April 1, 2010, Toppan Printing Co., Ltd. will add Casio subsidiary Ortus Technology Co., Ltd. to its group of companies.

As announced in November last year, Toppan Printing and Casio have agreed to a collaboration related to small and medium-sized display business (organic EL and TFT liquid crystal).

On April 1 2010, through absorption and spin-off, Ortus Technology will take over Casio’s small and medium-sized TFT liquid crystal display business and the equipment and personnel for its organic EL development. At the same time, Ortus Technology will also inherit 100% of the shares of Kochi Casio Co., Ltd., a wholly-owned subsidiary of Casio, and the company will become a wholly-owned subsidiary of Ortus Technology. Following this, on the same day Toppan Printing will acquire 80% of the shares of Ortus Technology from Casio. Ortus Technology will then make a fresh start as a central company in the Toppan Group’s small and medium-sized display business.

At the same time as taking over operations of the small and medium-sized TFT liquid crystal displays that Casio currently manufactures and sells, Ortus Technology will aim for prompt expansion to mass production for high quality, low cost versions of organic EL displays that have been jointly developed by Toppan Printing and Casio, and sales will be launched focusing on existing customers. The company will also aim to improve production efficiency and exploit synergistic effects in targeting sales of around 40 billion yen in fiscal 2012

Calendar

<March>
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28293031   
By Company:
By Category:
By Term:

Search Site

Got News? Send it to us!

If you have news in the Printed Electronics Industry, please feel free to send it to us!

Send your news to