LG Display Co. of South Korea, Taiwan LED maker Everlight Electronics Co. and Taiwan TV maker Amtran Technology Co., will team up to set up a joint venture in Suzhou, China that will provide LED packages for backlight units for flat panels.

LG Display of South Korea has exhibited an LCD panel whose color gamut was expanded by using quantum-dot LEDs for the backlight at SID 2010.

LG Display (LGD) and AmTRAN Technology recently jointly invested in Formosa Epitaxy Inc., a Taiwan-based LED chipmaker, according to an article on Taiwan Economic News. LG Display and AmTRAN have co-invested NT$2 billion (US$62 million at US$1:NT$33) in the LED chipmaker by acquiring 18-19% stake in Formosa, industry watchers said.

LG Display Co Ltd announced that it has formed a strategic alliance with Idemitsu Kosan Co Ltd, a Japanese provider of OLED materials, to develop high-performance OLED displays. The two companies have signed a strategic memorandum of understanding (MOU) which includes technology development and cross licensing of patented OLED-related technologies.

The shipments of notebook-PC panels with LED backlights grew by 63% quarter-on-quarter (QoQ) to 2.1 million in the third quarter from 1.3 million in the previous quarter, according to the related report. Taiwan TFT-LCD panel suppliers AU Optronics Corp. (AUO) and Chi Mei Optoelectronics Corp. (CMO) ranked the world’s third- and sixth-largest, respectively, LED-BLU notebook PC panel makers during the period.