Thomson-CSF of France and VDO Luftfahrtgerate Werk Adolf Schindling GmbH of West Germany have joined forces to form Eurodisplay to develop and manufacture colour liquid crystal diode displays using colour matrix technology developed by General Electric in the US: the new company will be 80%-owned by Thomson, 20% by VDO, and will have a factory in France eventually providing 200 jobs making flat-panel active displays for civil and military use; Eurodisplay will be capitalised at $2.5m, and expects annual sales to hit $35m by the mid-1990s.
THOMSON-CSF AND VDO JOIN FORCES TO FORM EURODISPLAY
