South Korea's Samsung Electronics and Japan's Sony said on Monday they were considering a joint venture for liquid crystal display (LCD) panels for televisions and computers. "If signed, it would be a win-win strategy for both of them,'' said Song Myong-sup, an analyst at Meritz Securities in Seoul.
"Samsung also wants to protect itself from a potential supply glut of flat panels in the future by securing a solid customer base and Sony will help it out.'' The possible joint venture comes as Samsung, the world's second-largest maker of LCD panels, plans to invest 20 trillion won (£10bn) in new production lines for liquid crystal displays by 2010.
Sony, the world's largest consumer electronics maker, would get a steady supply of flat screens for products it considers a key growth area for its struggling electronics division. "We are reviewing various methods of cooperation, including a joint venture, but no detailed decision has been made yet,'' Samsung said in a filing to the Korea Stock Exchange. Sony spokeswoman Mina Naito said the company was in talks with several firms, including Samsung, about a possible tie-up in flat panels, but no decision had been made. Sony has launched a major offensive against rivals in the fast-growing market for flat-panel TVs, aiming to capture a bigger slice of a market that it has lagged in.
View: The full story
News source: ZDnet (UK)
"Samsung also wants to protect itself from a potential supply glut of flat panels in the future by securing a solid customer base and Sony will help it out.'' The possible joint venture comes as Samsung, the world's second-largest maker of LCD panels, plans to invest 20 trillion won (£10bn) in new production lines for liquid crystal displays by 2010.
Sony, the world's largest consumer electronics maker, would get a steady supply of flat screens for products it considers a key growth area for its struggling electronics division. "We are reviewing various methods of cooperation, including a joint venture, but no detailed decision has been made yet,'' Samsung said in a filing to the Korea Stock Exchange. Sony spokeswoman Mina Naito said the company was in talks with several firms, including Samsung, about a possible tie-up in flat panels, but no decision had been made. Sony has launched a major offensive against rivals in the fast-growing market for flat-panel TVs, aiming to capture a bigger slice of a market that it has lagged in.
View: The full story News source: ZDnet (UK)
2.21.56 Version - 20/09/2003
- The display picture and the other new settings of Messenger 6
are now saved properly, all the time.
- By default, the "auto away" feature now changes your status
online when it is Online or Idle. If you want to keep the way the feature
worked before, use the AutoAwayAlways registry setting
- The ResetNameTag registry setting has been added if you want to
keep your name tag when you sign-out/sign-in.
- Some translations have been updated.
Commenting has either been disabled on this article or you are not logged in. Click here to login or register, its free!
Note: Anonymous commenting is disabled in order to keep the quality of responses to a high standard.