Hitachi, Toshiba, Matsushita Launch $1B Joint LCD Venture
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Hitachi, Toshiba and Matsushita have reached a basic agreement to jointly establish a company they are currently calling the âJV,â to manufacture and sell LCD panels for flat-panel TVs, with operations to commence in January.
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Japanese hi-tech companies Matsushita Electric Industrial and Olympus said they will jointly develop key technologies and devices for high-end digital cameras to meet rising global demand.
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Japan's Toshiba Corp  said on  Sunday sales of HD DVD players in North America, including  other brands' HD DVD drive sales, totalled 1 million units last  year, driven by demand for Internet-delivered content.
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Shares in LG.Philips LCD Co Ltd  surged on Friday on market talk Japan's Matsushita Electric Industrial was buying a stake in the South Korean flat screen maker, but both firms poured cold water on the talk.
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Canon and Toshiba will establish a joint venture next month to manufacture and market panels for large TVs using SED (Surface-conduction Electron-emitter Display) technology, the two companies said on Tuesday.
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TOKYO Hitachi Ltd. said Monday it will invest 8 billion yen to build a flat-panel TV assembly plant in the Czech Republic to meet strong demand in Europe.Comment
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Japanese consumer electronics giant Matsushita would join domestic rivals Hitachi and Fujitsu in the plasma panel business in an effort to dent South Korean dominance in the area, a leading business newspaper said.
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Toshiba said it will buy large liquid crystal displays from Sharp as part of an alliance likely to help spark a realignment of the flat-panel TV industry.
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Matsushita Electric Industrial Co. Ltd.  (6752.T) and Hitachi Ltd. (6501.T) are joining forces to battle  fierce competition in the flat screen industry by adding each  others&#39; plasma display panels to their product line-up.
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By Kyodo News International, Tokyo  Feb. 1--TOKYO -- Matsushita Electric Industrial Co. revised upward  Thursday its earnings forecast for the current business year on brisk sales of  flat-panel TVs, saying its group sales are now expected to hit an all-time  high of 9 trillion yen.
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Japanese electronics maker Sharp Corp. plans to invest 200 billion yen (1.7 billion dollars) in a new plant in Japan to produce large flat screens for televisions, a newspaper reported on Friday.
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Japanese technology companies Canon Inc. and Toshiba Corp. said on Tuesday they would invest &#36;1.82 billion in a joint venture to manufacture advanced flat panel displays.
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Toshiba said it will buy large liquid crystal displays from Sharp as part of an alliance likely to help spark a realignment of the flat panel TV industry.
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Hitachi, Matsushita Electric Industrial and Toshiba have struck a deal to jointly make displays for flat-screen televisions, starting as early as July 2006, the Japanese companies said Tuesday.
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LCD TV leader plans to do its competitors one better.
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TOKYO - Japanese electronics makers are engaged in a battle for shares of the new markets for digital home appliances, such as next-generation DVDs and cutting-edge television displays, aware that the winners in the initial stages will likely remain
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Japan's answer to CES features a Blu-ray camcorder from Hitachi, Toshiba's plans for big-screen SED TVs, and more.