History of the group
Company history
LC-TEC AUTOMATION (formally
Hörnell Automation AB) was formed in 1988 to develop & manufacture equipment
for LCD-production. LC-TEC DISPLAYS (formally Hörnell Innovation AB) was formed
in 1992 to carry out R&D work in the field of liquid crystal displays &
liquid crystal optical shutters.
In 1994, LC-TEC HOLDING acquired both LC-TEC AUTOMATION
and LC-TEC DISPLAYS. In 1995, LC-TEC HOLDING completed the installation of a smaller
LCD production-line in Borlänge, Sweden. In 1998, this LCD production-line was sold
to 3M (formally Hörnell International AB) and LC-TEC HOLDING started the installation
of a new, second generation, STN LCD production-line (fully automatic) at the Borlänge
facilities. The second-generation STN-line started full operation in the autumn
of 2000.
In 2003, LC-TEC HOLDING acquired LightSpace Technologies
Inc, USA, which manufactures and supplies true 3D-monitors (volumetric displays).
The liquid crystal optical shutters that are manufactured by LC-TEC DISPLAYS are
a key component in the 3D-monitor product.
At
the beginning of 2004, LC-TEC AUTOMATION was sold to Hörnell Teknikinvest AB and
LC-TEC HOLDING began to focus more on both LC-TEC DISPLAYS and LightSpace Technologies,
Inc. in the USA.
The major share-holder of LC-TEC HOLDING is Dr. Åke
Hörnell, who owns approximately 89,5%, either directly or via the company Hörnell
Teknikinvest AB.
LC-TEC HOLDING is listed on the NGM Nordic OTC
stock market in Stockholm, Sweden. There are currently approximately 1000
share-holders in LC-TEC HOLDING.