Canon, Toshiba to sell flat-panel TVs
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Canon Inc. and Toshiba Corp. said Tuesday they will start selling large-screen flat-panel TVs next year that boast better images and consume less power than plasma display panels and liquid crystal displays.
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Sony Corp  said on Wednesday it  will sell its microchip production facilities in western Japan  to Toshiba Corp  for 90 billion yen ($835 million), in  their latest move to focus on their core businesses.
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TOKYO - Toshiba Corp. plans to abandon the plasma display panel television market and would begin next summer producing surface conduction electron emitter display (SED) panels for flat panel televisions with 40-inch or larger screens.
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Sharp Corp., which helped propel the market for liquid-crystal display televisions, is no longer the world's leading maker of the flat-panel TVs, according to two market research companies.
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Japanese electronics rivals Toshiba and Sharp are joining forces in the liquid crystal display business, company officials said Friday, the latest development in the intensifying competition in flat-panel TVs.
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CHIBA, Japan  - Canon 7751.T and Toshiba   6502.T said on Tuesday they would start mass production of   ultra-thin flat-panel TVs in early 2008, entering a market   dominated by makers such as Matsushita Electric Industrial   6752.T and Samsung Eletronics 005930.KS.
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Japanese technology companies Canon Inc. and Toshiba Corp. said on Tuesday they would invest $1.82 billion in a joint venture to manufacture advanced flat panel displays.
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Japan's tech and engineering giant Toshiba Corp. said it will make its audio-visual products its core business and aims to trip sales in this segment by 2010.
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TOKYO - Hitachi Ltd, Matsushita Electric Industrial Co and Toshiba Corp said Friday they have officially signed an accord to set up a joint venture to manufacture liquid crystal display panels for flat TVs in January.
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CHIBA, Japan  - Canon Inc. 7751.T said on   Tuesday it will start mass production of ultra-thin   energy-conserving TVs in early 2008, defying predictions that   steep price falls in flat-screen TVs would make it tough to   roll out the new technology.
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Sharp and Toshiba, two proponents of LCD TV technology, to collaborate, the companies announced on Friday.
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An LCD joint venture between Toshiba  Corp. and Matsushita Electric Industrial Co. said on Wednesday  it would start making large TV displays early next year,  entering a rapidly expanding but crowded market.
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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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Over this year, one of the biggest obstacles to buying a high-definition TV crumbled into dust. Even if you're looking for a big, flat-panel plasma or a liquid-crystal display screen, you no longer have to spend more than the cost of a good laptop computer.
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Japanese hi-tech giants Hitachi, Matsushita and Toshiba said Tuesday they will jointly produce large liquid crystal display (LCD) panels to help them compete more effectively in the lucrative flat-screen television market.
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Sony Corp (6758.T) said on Wednesday it  will sell its microchip production facilities in western Japan  to Toshiba Corp (6502.T) for 90 billion yen ($835 million), in  their latest move to focus on their core businesses.
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Sharp and Toshiba plan to closely cooperate in the flat-panel TV business, buying screens and semiconductor chips from each other, they said Friday.Toshiba will turn to Sharp for the 32-inch and larger flat-panel displays used in its LCD (liquid crystal display) televisions while Sharp will procure from Toshiba the chips used in its TVs. The cooperation will begin during the year from April and will slowly build towards 2010 when two goals are expected to be reached: Sharp will supply Toshiba with 40 percent of its LCD modules and Toshiba will sell to Sharp 50 percent of the chips it needs.The deal provides both companies with a steadier supply of vital components for LCD TVs. The market for such televisions has grown from 161 million units in 2003 to an estimated 192 million this year and is expected to keep on rising on the back of strong demand and competition.Some of the display panels headed for Toshiba will come from a state-of-the-art &#165;380 billion (US$3.36 billion) LCD manufacturing plant Sharp is building in Osaka&#39;s Sakai City. Production is scheduled to begin in 2009. The plant will handle mother glass -- the large sheets on which several display panels are made -- of 2.85 meters by 3.05 meters. This size, dubbed 10th generation, is larger than that used by any other display manufacturer and will make the Sakai plant the world&#39;s most advanced LCD production center.The large glass sheets also bring a cost advantage for Sharp. The per-inch price of LCD panels drops with increases in the size of mother glass, so the panels are likely to be more competitive than those from rivals. That&#39;s especially important in the TV market, where strong competition has made price a key to success.Toshiba currently holds a stake in IPS Alpha Technology, an LCD manufacturing joint venture created with Panasonic and Hitachi. The IPS line uses an older 6th-generation technology and will need substantial investment if it is to remain competitive in the market.