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Print 18 comment(s) - last by Motoman.. on Nov 16 at 10:08 AM

New company will start in spring 2012

Many of the companies in the LCD panel manufacturing realm are looking for ways to help them improve the bottom line, including selling out and restructuring. Sony announced that it was breaking off its struggling TV arm a few weeks ago.
 
Sony's Ayano Iguchi said when the break up was announced, "By dividing into three divisions, we will make clearer the mission and responsibilities of these."
 
Hitachi, Sony, and Toshiba have all agreed to the integration of their small and medium size LCD panel businesses in conjunction with the Innovation Network Corporation of Japan (INCJ). The merged businesses will be known as Japan Display. Sony, Hitachi, and Toshiba will each retain about 10% of the merged venture and INCJ will hold a much larger portion.

The new company will be partly public.
 
INCJ will invest 200 billion yen into Japan Display in exchange for newly issued shared in the company. The new entity is expected to start operating in the spring of 2012.
 
Panasonic has also announced in a separate deal that it has agreed to sell a LCD panel factory to Japan Display. The factory sale will be complete in April 2012. 

Sources: PC World, Business Wire



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RE: Sony
By AssBall on 11/15/2011 1:26:10 PM , Rating: 3
Polaroid? Do you mean Panasonic?
The Samsungs at our Walmarts are always getting marked down the most, and generally(not always) represent the better deal. In any case it seems like the Japanese manufacturers aren't doing something right. Korea is? Gonna guess they got the factories running way cheaper.


RE: Sony
By Mathos on 11/15/2011 11:13:02 PM , Rating: 2
Nope, Polaroid actually produced some LCD and Plasma panel TV's, haven't seen em too much recently, but a couple years ago they were one of the mid lower range models. Haven't seen Wal-mart carry many Panasonic TV's though we've had a few, least at the one where I work.

Most of the Samsungs I see get marked down are usually last years model or very recently replaced by an updated model. For some reason they update their models often. I can't complain though, I've had my 32" Samsung for 4 almost 5 years now, no problems yet, other than the backlight will flicker bright if it has a power amplified antenna plugged into it, and only does that on real high contrast or brightness levels.


RE: Sony
By Motoman on 11/16/2011 10:08:31 AM , Rating: 1
We have a Polaroid TV - bought it like 3 years ago. Nice unit.

But to be clear, Polaroid didn't "produce" it - they put a badge on it. Like many brand names, Polaroid has no such manufacturing facilities...they just contract with others to build them stuff, and then put their name on it.


RE: Sony
By someguy123 on 11/16/2011 1:33:31 AM , Rating: 2
Samsung basically owns korea. They have monopoly dominance in a variety of products. They even make cars over there.

Sony was the Apple of their day, except they were interested in influencing global standards (memory cards, discs, tapes) vs apple's walled in approach, which never seems to work. They've pretty much been the bane of their own existence as they continue to deliver decent products that are ruined by forced proprietary components.


"Nowadays, security guys break the Mac every single day. Every single day, they come out with a total exploit, your machine can be taken over totally. I dare anybody to do that once a month on the Windows machine." -- Bill Gates

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