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

MediaTek presents Helio P20 SoC

MediaTek presents Helio P20 SoC

The popular maker of smartphone processors MediaTek has presented the new Helio P20 SoC, which is designed for smartphones and other portable devices. The chip is made on 16 nm FinFET+ technology and features lower power consumption when compared to its competitors. In addition the Helio P20 is...

Robot VS Touchscreen - which smartphone touchscreen is the best?

Which smartphone touchscreen is the best? Google Nexus One, iPhone, HTC Droid Eris, Motorola Droid, Palm Pre, Blackberry Storm 2? You could ask all of your friends, ask google, go to fortune-teller and still can't find the right answer. Better check out what guys from Moto Labs has done in its...

More on the iPhone 6

More on the iPhone 6

Yesterday we published an article on the iPhone 6 while the device was being unveiled at a special Apple event in the United States. Unfortunately back then we did not have the full picture on both new iPhone models so we could not comment on them. Here’s the full deal now! We’ll start with...

Leave a comment