Amadeusz Juskowiak

Vdo unit and thomsoncsf in joint venture

VDO Luftfahrtgeraete Werk Adolf Schindling GmbH 75 pct owned by autoparts maker VDO Adolf Schindling AG said it set up a joint venture with ThomsonCSF TCSFPA of France to produce liquid crystal displays

It said in a statment that it held 20 pct of the new company called Eurodisplay and ThomsonCSF the remaining 80 pct Thomson owns the remaining 25 pct of VDO Luftfahrtgeraete

The two companies have also agreed to pool their research on development construction and assembly of the systems for use in vehicles and aircraft with General Electric Company GEN of the US

Reuter