TMDisplay to spend 140M$ on production lines for 2.5" AMOLEDs

TMDisplay, the joint venture between Toshiba (60%) and Matsushita (40%) will setup production lines for 2.5" AMOLED by fall 2009. They aim to make 1M panels a month, of the 'high-quality-panels'. The total cost for those production lines will be 140M$.

Interestingly Toshiba is also working with Canon and Hitachi on AMOLEDs.

Read more here (C|Net)