Connect with us

Hi, what are you looking for?

New Products

Sharp and Sony to Partner on LCD TV Production

455673.gif

+ Sony

Sharp and Sony sign Memorandum of Intent to Create Joint Venture for Large Sized LCD Panels/Modules

Sharp Corporation (“Sharp”) and Sony Corporation (“Sony”) announced that today they signed a non-binding memorandum of intent to establish a joint venture to produce and sell large sized LCD panels and modules, by splitting out from Sharp an LCD panel plant now under construction in Sakai City, Osaka Prefecture which will use 10th generation mother glass substrates. Certain information concerning the joint venture is outlined below, and the two companies will negotiate in good faith to enter into legally binding joint venture documentation by September 30, 2008.

The parties will aim through this collaboration to further strengthen Sharp’s advanced LCD display technologies and Sony’s competitiveness in the TV market.

Once the joint venture agreement is entered into and becomes effective, and subject to receipt of necessary government approvals, the new joint venture will seek to maximize the advantages gained from using the world’s first 10th generation glass substrates to produce large sized LCD panels and modules that deliver the industry’s highest levels of quality, cost and performance. These will then be supplied to Sharp and Sony in quantities corresponding to their respective investments. Sharp and Sony will also discuss and study the possibility to jointly develop components for LCD modules to further reinforce their mutual cooperation.

The new company will endeavor to rapidly establish full and stable manufacturing operations at a new state of the art facility producing large sized LCD panels, and, in coordination with other companies concerned, will realize the vision of “Manufacturing Complex for the 21st Century”.
top

New Company Overview

Company name: To be determined
Location: Sakaihama District, Sakai-ku, Sakai City, Osaka Prefecture
Date of Establishment: Scheduled for April, 2009 (pending further discussion)
Start of Operations: By the end of FY 2009 (planned)
Capital: To be determined (Sharp: 66%, Sony:34%)
Total Investment: To be determined (Sharp: 66%, Sony:34%)
Operations: Production of large sized LCD panels/modules (for LCD TVs) for sale to Sharp and Sony
Production Capacity: 72,000 substrates per month (initially 36,000 substrates panels/month)
(Mother Glass Substrate input basis)

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest Products

Tronsmart Halo 300 Party Speaker Lifestyle

New Products

Tronsmart Halo 300 crashes the 2025 party speaker scene. How does it stack up against Sony’s ULT Tower 9 and JBL's PartyBox Series?

Cyrus Audio 80 PRE and 80 PWR Cyrus Audio 80 PRE and 80 PWR

Digital Music Systems

Cyrus ditches half-width tradition with the bold new 80 Series, teased at High End Munich 2025—just don’t expect specs. In true industry fashion, it’s...

Hisense HT SATURN Promo Image Hisense HT SATURN Promo Image

New Products

Hisense gets serious about spatial audio with HT SATURN home theater speaker system tuned by Devialet for only $1,299.

Raidho Acoustics TD8 (left) and TD10 (right) - not to exact scale Raidho Acoustics TD8 (left) and TD10 (right) - not to exact scale

New Products

Raidho's TD-8 and TD-10 subwoofers deliver cutting-edge bass tech and luxury craftsmanship for those that don't want big black boxes.

MoFi Electronics Fender American Vintage Turntable Corner Tonearm Detail MoFi Electronics Fender American Vintage Turntable Corner Tonearm Detail

New Products

MoFi and Fender drop an alder-bodied stunner with Strat DNA and serious playback chops. Built in the USA for vinyl junkies with a taste...

Fyne Audio F502S Loudspeaker in walnut Fyne Audio F502S Loudspeaker in walnut

Floorstanding Speakers

Fyne Audio’s F500S Loudspeaker Series brings point-source precision, real wood cabinets, and Scottish engineering for under $3,000.

Gift Ideas?

Mother's Day Gift Guide 2025 for Audio Video TV Lifestyle Projectors and Gadgets

Gift Guides

Upgrade Mom's home audio and video experiences this Mother's Day with 10 gift ideas she'll absolutely love -- and you might too.

You May Also Like

Advertisement

ecoustics is a hi-fi and music magazine offering product reviews, podcasts, news and advice for aspiring audiophiles, home theater enthusiasts and headphone hipsters. Read more

Copyright © 1999-2024 ecoustics | Disclaimer: We may earn a commission when you buy through links on our site.



SVS Bluesound PSB Speakers NAD Cambridge Audio Q Acoustics Denon Marantz Focal Naim Audio RSL Speakers