Thursday, May 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft's Beam Streaming Service Becomes "Mixer"
Lenovo Returns to Profitability
RICOH WG-50 Waterproof Digital Compact Camera Released
Acer Announces New Nitro 5 Notebook Line, Entertainment-Oriented Tablet and the Spin 1 Convertible
Google's Alpha Go Beats Chinese Master Again
Kingston KC1000 NVMe PCIe SSD Meets Demanding Data Needs of SSD Enthusiasts
Samsung Wants to Lead the Foundry Race With Process Roadmap Down to 4nm
Western Digital Raises its Offer For Toshiba's Memory Business: report
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Hitachi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 30, 2011
Hitachi in LCD Talks With Toshiba And Sony


Hitachi Ltd. is reportedly in talks with Sony and Toshiba to merge their small-sized LCD panel businesses, the Wall Street Journal reported on Thursday citing a person familiar with the matter.

WSJ's sources added that Innovation Network Corporation of Japan, a government-backed investment fund, earlier proposed that Sony and Toshiba merge their small-sized LCD panel businesses. They added that the LCD merger talks between Sony and Toshiba are still in "a very early stage."

Cpmmenting on the report, Hitachi Ltd. said that the specific article wasnt' based on Hitachi's disclosed information, while Sony declined to comment.

The merge could create the world's biggest producer of the key component for smartphones and tablet computers.

Sony, Toshiba and Hitachi would have a combined share of more than 20% in the global market for smaller LCD panels, according to data from research company DisplaySearch.

Japan's LCD panel makers have been scrambling to compete with their South Korean and Taiwanese rivals, which dominate the market for larger panels used in televisions.



Earlier today, the Korea Economic Daily said in an unsourced report that Samsung plans to reduce its monthly TV panel production from between 1 million and 1.3 million units to around 200,000-300,000 units by the end of this year and convert some of the lines to produce displays used in tablets and notebook.

LG Display also said on Monday that it would slash next year's capital spending by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.


Previous
Next
Corsair Announces New High-Capacity Force Series GT SSDs        All News        TDK To Double The Recording Capacity Of Hard Disks
Sony, Hitachi, Toshiba Merge LCD Operations     Consumer Electronics News      LG To Unveil New Monitors And 3D Sound System at IFA

Get RSS feed Easy Print E-Mail this Message

Related News
Western Digital Raises its Offer For Toshiba's Memory Business: report
Sony Chief Promises Return to Profitability
Broadcom, KKR and SK Hynix - Bain Join Final Bidding Round for Toshiba's Memory Unit
Western Digital Takes Legal Action Against Toshiba to Block Sale Of Memory Chip Business
Sony Returns to the OLED TV Market With New Models
Toshiba Tells Western Digital To Stop Messing Up With Chip Unit Sale
Toshiba Demonstrates 64-Layer BiCS FLASH on Client NVM Express SSD
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Toshiba to Spin Off 4 Operations
Questions Remain About The Fate Of Toshiba's HDD and SSD Business
Toshiba's Shareholders Seek For New Compensatory Damages
Sony Launches The a9 24MP 20fps Full-frame Sports Camera

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .