| PMA 2005 | Sanyo Epson Imaging Devices |
|
|
Sanyo Epson Imaging Devices : Sanyo Epson Imaging Devices Corporation ("Sanyo Epson") will establish a wholly owned subsidiary in the Philippines this April. To be named Sanyo Epson Imaging Devices (Philippines), Inc. ("SEPH"), the new subsidiary will take over the display manufacturing operations currently conducted by Epson Precision (Philippines) Inc. ("EPPI"), a wholly owned subsidiary of Seiko Epson Corporation (TSE: 6724). As a preliminary step, EPPI will establish a wholly owned subsidiary, Epson Imaging Devices Philippines Inc., on February 15. Authorization for this move has come from the Philippine Economic Zone Authority.
EPPI was established in December 1994 as a base for the manufacturing of printers, mini-printers and for the assembly of printer boards. Since August 2004 it has also been carrying out back-end processing operations (manufacturing of modules) for Epson's liquid crystal displays. With the establishment of Sanyo Epson in October 2004, EPPI is spinning off its back-end operations, which will be taken over by SEPH, part of the Sanyo Epson organization, so as to establish an integrated manufacturing setup for LCDs from front-end through back-end processing.
|
|
|
 |
|
|
LCD displays for digital cameras
|
|
|
LCDs were formerly used mainly for computer screens, but the range of applications for them has been growing rapidly, extending into such fields as televisions, mobile phones, digital cameras, and car-mounted devices. A large number of manufacturers have entered this business, and they are now all facing fierce price competition. They are also struggling to keep up with the demand for short-cycle development of new products and to make the large-scale investments both in research and development and in plant and equipment required to produce more advanced panels.
In response to this situation, Sanyo Epson is presently reorganizing its facilities for front-end processing of LCDs. In order to create competitively priced products with high added value, the company also considers it crucial to build up manufacturing capabilities for back-end operations. The establishment of SEPH is a part of this drive.
Sanyo Epson Imaging Devices Corporation was established Epson and Sanyo Electric Co., Ltd. on October 1, 2004, Epson hold 55% of the joint venture, and SANYO 45%. The new company aims to become a leading manufacturer of small and medium-sized liquid crystal displays for mobile phones, digital cameras, and automotive applications.
|
|
|
Related Sanyo Epson link:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
