TEMPE, Ariz., March 17 -- Three-Five Systems Inc. announced today that its board of directors has approved a spinoff of its LCoS Microdisplay Division into a separately traded public company named Three-Five Microdisplay Inc. (TFMC). The spinoff will occur early this summer. TFMD stock will apply to have its stock traded on Nasdaq under the symbol "TFMD." The LCoS Microdisplay Division makes liquid crystal on silicon microdisplay products for markets such as high-definition televisions and headsets for video games. "Both our LCoS Microdisplay Division and our Integrated Systems and Displays...Read full articleRelated content from Photonics MediaArticlesOrganic Optoelectronics Device Supports IoT in Low-Power EnvironmentsOrganic-based optoelectronics have the potential to provide an energy-efficient way to operate low-power indoor devices and wireless IoT sensors. 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