Monday, March 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC To Start Producing A11 InFo Chips For New iPhone In April
Apple Wins Design Patent Case In China
Uber Suspends Self-driving Car Program After Arizona Acident
LG's Mobile Payment Service Coming Soon
Samsung Backs Away From Restructuring Plan, Gears Up For Galaxy S8 Release
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
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 > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 01, 2011
Toshiba-Hitachi-Sony LCD Alliance to Acquire Panasonic LCD Plant


Innovation Network Corporation of Japan will buy a Panasonic factory for about 20 billion yen ($255.5 million), The Nikkei reported today.

Innovation Network Corporation of Japan (INCJ), Hitachi, Sony and Toshiba have already announced plans to integrate their small- and medium-sized display businesses, which are operated by subsidiaries of Hitachi, Sony and Toshiba, in a new company to be established and operated by INCJ. The companies are aiming to complete the business integration in the Spring of 2012.

According to today's report, INCJ is also expected to buy Panasonic factory in Chiba Prefecture in Japan.

The new firm will invest about 100 billion yen ($1.28 billion) to convert the Panasonic TV-LCD unit into a plant for producing small and midsize LCDs meant for phones and tablets, Nikkei said.

Panasonic has decided to scale back LCD production to improve the profitability of its TV business, Nikkei added.


Previous
Next
Google Gmail Gets A New Look        All News        HP To Release Low-energy, ARM-based Servers
Sony in The Red Again; Announces TV Business Plan     Consumer Electronics News      Philips To Transfer Its TV Business To TPV

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung, LG, LCD Patent Disputes Continue
Hon Hai Buys Flat Panels Patents From NEC
Sharp Begins Production of LCD Panels Incorporating IGZO Oxide Semiconductors
Toppan Printing, Dai Nippon Printing To Increase Investments In Sharp's Struggling LCD plant
Sharp and Sony Amend Agreement Regarding Joint Venture to Produce and Sell Large-Sized LCD Panels and Modules
Hon Hai To Take 11 Percent Stake in Sharp
Panasonic TO Transfer LCD Plant to INCJ
S-LCD Fully Incorporated by Samsung
Sharp, Samsung And Chimei To Pay $388 Million in LCD Price Fixing Case
INCJ, Hitachi, Sony To Merge Their Small- and Medium-Sized Display Businesses
Samsung at FDP International 2011
South Korea Fines LCD Makers For Price Fixing

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 .