Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reason<div class="billede"><img src="pictures/mini-sonyrollableoled.jpg" alt="Japan Display"></div>Sony, Toshiba & Hitachi form Japan Display - FlatpanelsHD

<div class="billede"><img src="pictures/mini-sonyrollableoled.jpg" alt="Japan Display"></div>Sony, Toshiba & Hitachi form Japan Display

16 Nov 2011 | Rasmus Larsen |

Sony, Toshiba and Hitachi have officially formed a new display manufacturing joint venture. The new partnership is called <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1315224390 target=_blank> <b> Japan Display</b></a> and is 70 % owned by the Japanese government. Say hello to the world's largest manufacturer of small-to-medium size screens. Japan Display also buys Panasonic's closed LCD-TV factory.<br /><br /><h3>Sony, Toshiba & Hitachi form Japan Display</h3>The three Japanese electronics giants, Sony, Toshiba and Hitachi already confirmed in <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1315224390 target=_blank><b>September</b></a> that they were planning to create a powerful alliance that aims to produce displays for handheld devices such as smartphones and tablets. The joint venture has now been officially signed.<br /><br /><p align=center><img class="imgresponsive" src="pictures/sonyrollableoled-1l.jpg" alt="Sony OLED"><br><i>Japan Display plans to make OLED panels in the future</i></p><br />The new company is called Japan Display Inc. and the Japanese government has agreed to invest billions and become the largest shareholder with 70 % of the shares. The alliance hopes to compete with the South Korean competitors such as Samsung and LG due to their growing dominance in the display area. By combining the three manufacturers' current LCD plants, and by adding new factories, Japan Display will become the world's largest manufacturer of small-to-medium size LCD panels with expected revenue of 750 billion Yen in 2016.<br /><br /><h3>Buys Panasonic factory, to research OLED</h3>Panasonic has just <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1320237339 target=_blank><b>closed 2 TV factories</b></a>; one being a LCD-TV factory. Japan Display announces that they have acquired Panasonic’s LCD-TV factory. The buying price has not been disclosed.<br /><br />The new company will focus on R&D in areas such as OLED and high resolution displays. No words on displays for TV screen at this point.<br /><br />Sony has also made some significant changes to their TV division. Sony wants to <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1320659256 target=_blank><b>split the TV division into three</b></a>. In addition, Sony is considering an exit from their <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1320058161 target=_blank><b>LCD-TV panel production partnership with Samsung</b></a>.



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