Press Release


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April 21, 2004



ST-LCD Corporation to Expand Production Capacity of Low-Temperature Polysilicon TFT-LCD Panels for Digital Still Cameras and Cell Phones
10 billion yen investment made to increase production capacity to 40,000 base plates per month

(April 21, 2004, Tokyo) Promoting the aggressive development of TFT-LCD panels for mobile products, ST Liquid Crystal Display Corporation (ST-LCD), a joint venture company established by Sony Corporation and Toyota Industries Corporation, today announced that it will invest 10 billion yen to expand its production capacity of low-temperature polysilicon thin film transistor liquid crystal display (TFT LCD) panels. ST-LCD's production capacity will be increased by 25% to 40,000 base-plates per month (600 X 720mm) in April 2005 to satisfy the increasing market demand.

Since April 1999, when full-scale production began, ST-LCD has been producing small size TFT LCD panels used in mobile devices, including digital video and still cameras, personal digital assistants (PDAs), and cellular mobile phones. The current production capacity is 32,000 base-plates per month.

ST-LCD Corporation's LCD panels offer high resolution and high picture quality with low power consumption. In addition to these basic features, Sony offers a "System on glass" feature --- the system integration of the display device and its driver circuitry onto a single TFT glass base-plate. This enables ST-LCD to offer a compact display system, while increasing the reliability of each panel during the manufacturing process.

Outline of ST-LCD (as of Mar. 2004)
Name:ST Liquid Crystal Display Corporation
Establishment:October 22, 1997
Location:Aichi-Prefecture, Japan
Capital:50 billion yen
Capital Investors:Sony: 50%, Toyota Industries Corporation : 50%
Representative:Kohshi Iwata
Business Outline:Production of Low-Temperature Polysilicon TFT LCD panels
Production Capacity:32,000 glass base plates per month
From April 2005, 40,000 glass base plates per month yielding
9 million panels, measuring 2 inches diagonally.
Start of Production:April 1999