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Sony, Toshiba, Hitachi to merge LCD operations

By: Yossel in BRKB | Recommend this post (0)
Wed, 31 Aug 11 2:12 PM | 38 view(s)
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Sony, Toshiba, Hitachi to merge LCD operations

1 of 2. Sony Corp Executive Deputy President Hiroshi Yoshioka (R), Hitachi Ltd. President Hiroaki Nakanishi (2nd R), Toshiba Corp. President and CEO Norio Sasaki (3rd R) and Innovation Network Corporation of Japan President and CEO Kimikazu Noumi pose for a photograph at their joint news conference in Tokyo August 31, 2011.

TOKYO (Reuters) - Japan's Sony Corp, Toshiba Corp and Hitachi Ltd will merge their liquid-crystal display operations using $2.6 billion of government-backed funds to fend off growing competition from rivals in South Korea and Taiwan.


Credit: Reuters/Issei Kato

Mayumi Negishi

TOKYO
Wed Aug 31, 2011 6:00am EDT

link-
http://www.reuters.com/article/2011/08/31/us-japan-displays-idUSTRE77U0VL20110831




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