Seiko Epson Co says it has developed new metal insulator metal technology for liquid crystal diode displays to compete with thin film transistor technology at the high end of the market, Reuter reports from Tokyo. Unlike the orginal metal-insulator-metal technology, the new Super-MIM can provide pictures that are just as good as those using thin-film transistors, the firm claims. The technology requires less capital investment and about half the production time, and the panels are half the price, the company claims. Using this technology, Epson aims to develop larger panels for personal computers or workstations in the near future, it said. Seiko Epson has begun using the new technology to make 4 displays, aiming to grow output to 1.5m a year.