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Article: NEC to build new plant with NEC Kansai for LCD driver IC production.
- Article from:
- M2 Presswire
- Article date:
- April 12, 2000
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M2 PRESSWIRE-12 April 2000-NEC: NEC to build new plant with NEC Kansai for LCD driver IC production (C)1994-2000 M2 COMMUNICATIONS LTD
RDATE:12042000
TOKYO -- NEC Corporation (NEC) (NASDAQ: NIPNY) (FTSE: 6701q.l) and NEC Kansai, Ltd. (NEC Kansai), will invest 35 billion Yen to build a new plant at NEC Kansai to produce liquid crystal display (LCD) display driver ICs. The new plant is expected to commence volume production from November 2000, and NEC expects to lever the additional capacity to secure a 30% share of the LCD driver IC market.
Construction of the new plant is expected to start in July 2000 with trial production beginning from ...