Sony, Toshiba and Hitachi combine their Small- and Medium-Sized Display Businesses

The companies Sony, Toshiba and Hitach, along with Innovation Network Corporation of Japan (INCJ) have announced an agreement for establishing a new global company which will integrate their small- and medium-sized display businesses.

The deal is expected to be finalized by Spring 2012 and according the agreement Innovation Network Corporation will invest total of 200 billion yen and will get a 70% of the shares, while Sony, Hitachi and Toshiba will receive 10% of the shares.

By uniting their technology, experience and resource, the companies expect to create the leading small- and medium-sized display manufacturer and to compete better on the growing market of high resolution displays for smartphones, tablet, notebooks and other devices.

Let’s see what will be the next move of Sharp and the Korean companies.

Source: Sony

Related posts

Samsung’s Galaxy Note 5 will have 4 GB of RAM

Samsung’s Galaxy Note 5 will have 4 GB of RAM

It has been a few months since we got the Galaxy S6 smartphone so for Samsung it is time for a new flagship model. This time the handset will be called Galaxy Note 5 and as always it is eagerly expected. A new report now claims the device will come with 4 GB of RAM, which is a lot of memory...

ROCCAT Studios releases Lua gaming mouse

A new day, a new gaming mouse. German gaming peripherals maker ROCCAT Studios has announced the release of the ROCCAT Lua Tri-Button gaming mouse. The Lua will try to capture your attention with a sleek and ambidextrous chassis that is designed to fit every hand out there...

Razer intros Nostromo gaming keypad

The new Nostromo gaming keypad was co-developed with the help of Belkin and is designed to give gamers tournament-grade controls, extreme customizability and maximum comfort. The Razer Nostromo has a soft-touch rubberized wrist pad, that helps to reduces hand fatigue and wrist strain during...

Leave a comment