Toshiba Mobile Display will launch a joint venture in China by as early as the end of this month to produce LCD panels used mainly in mobile phones, reports Dow Jones Newswires. The Toshiba LCD-making unit will hold less than a 20 percent stake in the joint venture, while China’s Greentech Group will own about a 60 percent stake and a Hong Kong investment company will take more than 20 percent. Production is expected to start in the first half of 2010.