news archive

Intel Postpones LCOS Chips 

August 17 - Several news outlets have reported over the last week that the release of Intel's liquid-crystal-on-silicon (LCOS) chips have been postponed. Prototypes of the imagers were shown privately at the Consumer Electronics Show (CES) in January, and the technology was prominently announced at CES by Intel President and COO Paul Otellini. Otellini said then that Intel would begin producing LCOS chips for rear-projection television in 2004 

But now, Intel spokesperson Shannon Love says that the release will not occur this year. "Based on customer feedback, we chose not to bring the current product into the market. We're heading down a path of developing technology that will give clear product differentiation with improved picture quality," Love was quoted as saying in an IDG News Service story by Tom Krazit datelined today. 

Information: www.pcworld.com/news/article/0,aid,117429,00.asp.

UDC Named 8th Fastest Growing Company in Deloitte's New Jersey Technology Fast 50 Program

Ewing, New Jersey, August 13 - Universal Display Corporation (UDC) has been named to Deloitte's prestigious Technology Fast 50 Program for New Jersey, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. This is the third year in a row that UDC has been among the top 50 companies named to the list.

Universal Display's President and Chief Operating Officer, Steven V. Abramson, credits the 1168-percent revenue growth from 1999-2003 to the company's continued advances in innovative research, as well as the commercial viability of the company's PHOLED™ phosphorescent OLED technology. "We look forward to continuing on the path of success as OLEDs take hold in the flat panel display market," said Abramson.

New Jersey Technology Fast 50 winners are selected based on the percentage of revenue growth from 1999 through 2003. To qualify, companies must meet the following criteria: be a technology company that owns proprietary technology that contributes to a significant portion of the company's operating revenues or devotes a high percentage of effort to research and development of technology; be in business a minimum of five years, with 1999 revenues of at least $50,000 and 2003 revenues of at least $1,000,000; and be a public or private company headquartered in New Jersey.

Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies.

Information: www.fast500.com, www.universaldisplay.com, www.deloitte.com/us.

Arras Appointed President of TCL-Thomson Electronics 

Indianapolis, Indiana, August 9 - Al Arras, a 30-year consumer electronics professional and longtime Thomson executive, has been named President of TCL-Thomson Electronics (TTE), the newly formed combination of television businesses from TCL and Thomson. The new organization is now the world's largest TV set manufacturer, employing a workforce of over 29,000 people in five profit centers, five R&D centers, and ten manufacturing plants around the world. 

Arras, who was in charge of integrating Thomson's TV operations within the TCL-Thomson Electronics activity, will hold responsibility for RCA branded television operations in North America, as well as global product management and engineering activities. Prior to integrating the Thomson/TCL television operations, Arras was Senior Executive Vice President for Thomson's worldwide Audio/Video and Communications (consumer telephone) operations. 

"With support from our large Chinese (TCL brand) product offer, we at TTE will begin work immediately to strengthen the RCA and Thomson product portfolio in the U.S. and Europe," said Arras. "Leveraging the strength of the combined operations, and with the advent of mainstream HDTV products, we can further enhance our leadership position in these key markets." 

Arras joined the General Electric Company in 1973 and moved to Thomson following that company's purchase of the combined RCA/GE consumer electronics business in 1987. He has served in many executive management positions for Thomson.

 

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