October 20, 2004, Tokyo - In five years, ST Liquid Crystal Display Corporation （ST-LCD）, a joint venture company established by Sony Corporation and Toyota Industries Corporation, shipped 100 million cumulative units of its low-temperature polysilicon thin film transistor liquid crystal display （TFT-LCD）. The joint venture is among the largest providers of digital displays for mobile products such as mobile phones and digital still cameras.

ST-LCD began full-scale production in April 1999, and through various improvements in manufacturing processes, is currently at 32,000 base-plates per month production capacity. The end result is the ability to manufacture high quality panels at a high volume, and be cost-competitive with a fast delivery time.

To satisfy the anticipated increase of TFT-LCD display demand for mobile products, ST-LCD Corporation will increase production capacity by 25％ to 40,000 base-plates per month （600 X 720mm） in April 2005.

Outline of ST-LCD (as of Sep. 2004)

• Name
  ST Liquid Crystal Display Corporation
• Establishment
  October 22, 1997
• Location
  Aichi-Prefecture, Japan
• Capital
  23 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
• Start of Production
  April 1999