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Scan for outdated or missing drivers - takes under a minuteDriver Scan →Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →On 29 January 2002, Toshiba Corporation and Matsushita Electric Industrial Co., Ltd. announced a display-technology joint venture scheduled to begin operations on 1 April 2002. Toshiba was to hold 60% and Matsushita 40%. The plan combined LCD and OLED development, manufacturing and sales, with the companies aiming to widen display uses through complementary technologies and system-on-glass—not merely to produce more screens.
What the companies announced
The venture was named Toshiba Matsushita Display Technology Co., Ltd. Toshiba’s official announcement said it would assume the partners’ LCD and OLED activities, covering development through manufacturing and sales. Its stated capital was 10 billion yen. The announcement set 1 April 2002 as the planned start date; it described a future arrangement, not proof here of subsequent operations or results. Toshiba’s 29 January 2002 announcement
Contemporary Japanese reporting put the planned venture’s workforce at 2,900 and described approximately 340 billion yen in sales for fiscal 2002. That sales figure was a plan, not verified revenue. PC Watch’s 29 January 2002 report
Which display technologies were included?
The announced scope covered several LCD types as well as OLEDs:
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- Low-temperature polysilicon TFT LCDs
- Amorphous TFT LCDs
- STN LCDs
- OLEDs
Bringing these activities together was intended to pool the companies’ display capabilities across product development and production, rather than limiting the venture to one kind of panel.
Why combine the businesses?
Toshiba had described the rationale in an October 2001 joint announcement: combine the companies’ LCD and next-generation display businesses, bringing together manufacturing and technology strengths while pursuing new uses, including LCD televisions and Internet appliances. Toshiba wrote: “The new company will expand LCD applications by realizing system-on-glass technology.” Toshiba’s 17 October 2001 announcement
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Complementary capabilities
Toshiba’s fiscal 2002 annual report characterized the companies’ strengths as complementary. It described Toshiba’s know-how in large-sized, low-temperature polysilicon TFT LCDs alongside Matsushita’s high-speed, high-resolution LCD technologies for televisions. The combination was meant to support a wider range of display applications; the cited material establishes that as a strategic aim, not an achieved outcome. Toshiba’s fiscal 2002 annual report
What system-on-glass meant in the strategy
System-on-glass was the announced technological route for expanding LCD applications. In context, the companies presented it as part of their next-generation display strategy, alongside prospective uses such as televisions and Internet appliances. Their statement expressed an objective; it does not establish that the venture delivered the technology or those applications.
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- INCREDIBLE CONTRAST: The VA panel produces brighter whites and deeper blacks. You get true-to-life images and more gradients with 16.7 million colors
- THE PERFECT VIEW: The 178/178 degree extra wide viewing angle prevents the shifting of colors when viewed from an offset angle, so you always get consistent colors
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What the figures do—and do not—show
The ownership split and capital were terms in Toshiba’s announcement. The employee count and fiscal 2002 sales plan came from contemporary Japanese reporting. Toshiba’s October 2001 release also cited expected annual LCD-market growth of 17% as a forecast at the time, not as a current statistic or confirmed outcome.
These figures describe the scale and expectations attached to the proposal. They should not be read as evidence of realized sales, market growth, or the venture’s eventual performance.
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What Toshiba said about OLED production
Toshiba’s fiscal 2002 annual report said OLED mass production was then slated to start in 2003. That was a plan recorded at the time; the cited report does not establish whether the target was met.
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