Sony, Hitachi, and Toshiba Agree to "Japan Display" Joint Venture
November 15, 2011 12:18 PM
comment(s) - last by
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.
This article is over a month old, voting and posting comments is disabled
11/15/2011 5:42:46 PM
It's certainly not FUD.
I have bought an high end Panasonic model 2 years ago (V Series, 54"). Assured by the vendor that the burn in problems were problem of the "old" plasmas, and I believed him.
While not technically a burn-in, you can still have image retention that will last for many minutes, hours and days. If that is not a problem with you, then great, but to most people, it certainly is.
If I played for 2-3 hours of Stardust, the hyperspace logo and the big X multiplier on both bottom corners would then stay on the screen for days and was quite annoying when watching a movie.
Plasmas certainly have their advantages, but image retention is
a problem too.
"We basically took a look at this situation and said, this is bullshit." -- Newegg Chief Legal Officer Lee Cheng's take on patent troll Soverain
Sony Shakes Up, Breaks Up Struggling TV Unit
November 1, 2011, 4:15 PM
Google's Proposals for Search Antitrust Settlement Shot Down by European Commission
December 20, 2013, 8:52 PM
E-Cigarettes Included in NYC's Smoking Ban
December 20, 2013, 4:00 PM
BlackBerry Partners with Foxconn for BB10 Devices
December 20, 2013, 10:43 AM
3D Systems Acquires Xerox’s Solid Ink Teams in Oregon
December 18, 2013, 7:54 PM
While FCC Debates Allowing In-flight Voice Calls, Delta is Already Saying “Nope”
December 18, 2013, 12:11 PM
New Mac Pro Launches Tomorrow, Starts at $2,999
December 18, 2013, 10:56 AM
Most Popular Articles
China's Moon Rover Lands Safe and Sound, Starts Snapping Pics
December 16, 2013, 1:22 PM
Top Microsoft Graphics Genius Defects to Google
December 17, 2013, 4:27 PM
Report: Fusion Fail? Softbank Wants to Merge Sprint and T-Mobile
December 15, 2013, 6:12 PM
NSA Debates Granting Snowden Amnesty if He Keeps His Mouth Shut
December 16, 2013, 1:17 PM
Harvard Undergrad Busted by Wi-Fi after Making Bomb Threat to Avoid Finals
December 18, 2013, 10:37 AM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information