Epson and Sanyo formed a joint venture back in Oct. ‘04 with the formation of the Sanyo Epson Imaging Devices Corp.  This new company is made up of their parent companies respective LCD display businesses.  It seems the Liquid Crystal Display conglomerate has borne fruit according to this press release.  They claimed to have devised mini LCD displays that can render near NTSC color palette, higher resolutions and burn less energy.  Expect to see the new display devices for yourself soon as they’ll be deployed wherever mobile units use LCD, such as handhelds, mobile video for cars.  Advances in LCD technologies should make existing devices cheaper as the next gen hits the market. 

According to www.UberGizmo.com NEC has just announced similar breakthroughs but since this NEC announcement is only in Japanese I’ll have to take UberGizmo’s word for it.