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Category of Electronics

Sony Corp. will jointly produce liquid crystal display panels with Sharp Corp.

Sony Corp. said Tuesday it will jointly produce liquid crystal display panels with Sharp Corp. in a bid to oust Samsung Electronics Co. as the leader in the global LCD TV market.
Sony and Sharp will set up a joint venture in April 2009 to operate a state-of-the-art LCD factory that Sharp is building in Sakai, Osaka Prefecture.
The factory is expected to start operations in fiscal 2009.
Sony plans to invest more than 100 billion yen to acquire a 34-percent stake in the joint venture, while Sharp will hold the remaining 66 percent.
Sharp expects a total of 380 billion yen in investments in the factory.
from asahi.com http://www.asahi.com/english/Herald-asahi/TKY200802260475.html

February 27, 2008 10:40 AM by huzhao(Taiwan)

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