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.