Candescent looks to take flat panel display market by storm

Candescent looks to take flat panel display market by storm
David Manners Candescent Technology, the Californian company pursuing flat cathode ray tube displays, has brought its investment capital hoard up to $400m. The company believes it has a superior display which will take the flat panel market away from Asian LCD manufacturers. “Our technology has a better viewing angle than LCD, gives a better pictures in higher ambient light and uses lower power,” Bernie Vonderschmitt, chairman of Xilinx and a board member at Candescent, told Electronics Weekly. Currently Candescent only makes 4in. and 5in. displays. “We’ve been going through reliability tests for the past nine months and we are near to sampling,” said Vonderschmitt, “it’s been a long journey.” Candescent has been refining its technology for eight years. In a $100m joint venture with Sony of Japan, Candescent is developing 14in. displays. “In two years’ time we expect to have a 14in. version,” said Vonderschmitt, “it will be useful for portable TVs because of its low power compared to LCD.” In November Candescent broke ground on a $200m fabrication which it expects to be functional by the third quarter and in high-volume production by next year. The flat panel market is expected to be worth $30bn by 2003, according to analyst Stanford Resources.


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