Hitachi, Sony and Toshiba form joint venture to produce mobile displays

The three Japanese companies have announced that they had joined forces to produce small and medium-sized displays, found in computers and mobile devices. The new alliance will have the name Japan Display and will be a joint venture. Still, the three electronics giants will join with Network Corporation of Japan, a government-backed entity. The remaining 30% stake will be split evenly among the three firms.

Hitachi, Sony and Toshiba want to consolidate the various production lines which will allow them to become more efficient and competitive using economies of scale as they invest in the next generation of mobile device displays. Japanese manufacturers have faced stiff competition from Korean manufacturers LG and Samsung, as well as Taiwan firms AU Optronics and Chi Mei. Sony recently sold its stake in a joint LCD production venture with Samsung that also produced mobile displays.

Toshiba Logo

The new alliance will also enjoy support from Panasonic which will be supplying a facility to give the new venture a production base. Pending approval by the Japanese government, it is hoped that Japan Display will begin production in 2012.

One technology expected to be in production are Low Temperature Polycrystaline Silicon LCDs (LTPSLCDs). These displays would be faster, have higher pixel density, and consumer less energy than current LCD displays. Rumors have pegged Apple as being interested in LTPS LCDs, and with Apple’s current legal disputes with Samsung they may be looking for other potential partners.

Source: Phonearena

Related posts

Cold Hard Drift Rally

Cold Hard Drift Rally

Want to play another racing game? Then take a look at Cold Hard Drift Rally. Cold Hard Drift Rally is a free application that you can find on Google Play and let’s say it – this game is just another racing app. You take control over a sports car and then you have to race it through various...

Qualcomm announces two new Snapdragon S4 chips for smartphones

Famous smartphone chipmaker Qualcomm has announced two new Snapdragon S4 processors for smartphones – the MSM8226 and MSM8626 – both of them designed to power the next generation of smartphones, scheduled for 2013. Both chips are made on 28 nm technology and feature lower...

HP denies upcoming smartphone launch

Rumors surrounding HP have long claimed the company will release an HP smartphone in the next few months. While HP’s strategy clearly includes such a move, the most recent news surrounding the company says exactly the opposite. Indeed, HP’s CEO Meg Whitman has officially denied the...

Leave a comment