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Tuesday, 7 June 2011 - Toshiba, Sony in talks to merge LCD panel operations: Nikkei |
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    Edition: U.S. Article Comments (0) Editor's Choice China paper warns Google may pay price for hacking claims Four suspected U.S. cases of E.coli linked to Germany U.N. says climate talks will miss Kyoto deadline Gas to pass coal in 15 years, equal oil by 2035: IEA Hackers attack Nintendo's servers in United States Cancer costs put treatments out of reach for many Facebook blunder leads crowd to teen's birthday Comment: Activision’s brainy toys take over Video: Tiny eco-home demonstrates big energy savings Slideshow: Marijuana merchandise Follow Reuters Facebook Twitter RSS YouTube Read Five U.S. troops killed in Iraq attack 7:57am EDT Missouri River levee breach near Iowa town seen inevitable 2:23pm EDT China paper warns Google may pay price for hacking claims 7:42am EDT Expert links samples from Casey Anthony's car to human decay 2:53pm EDT UPDATE 1-Cancer costs put treatments out of reach for many 1:46pm EDT Discussed 78 150 economists back U.S. Republicans in debt fight 67 ”The world is getting warmer”: Romney 65 Moody’s sounds alarm over U.S. debt limit and deficits Watched Transsexual model takes Rio Fri, Jun 3 2011 Latvian blondes prove they have more fun Thu, Jun 2 2011 Bodypainters apply their skill Mon, Jul 19 2010 Toshiba, Sony in talks to merge LCD panel operations: Nikkei Tweet Share this Email Print Related News Sharp eyes profit from small displays, books charge on TVs Fri, Jun 3 2011 Nikkei slips as traders fret over U.S. payroll data Fri, Jun 3 2011 Nikkei up 2 percent on strong industrial outlook, weaker yen Tue, May 31 2011 Sony restoring game network in Asia; to testify in U.S. Fri, May 27 2011 Nikkei edges lower on Sony, lingering economic uncertainty Fri, May 27 2011 Analysis & Opinion Japanese M&A adventurism poorly directed abroad Mashable Follow feature picks up traction Related Topics Technology » Mon Jun 6, 2011 2:34pm EDT (Reuters) - Japan's Toshiba Corp and Sony Corp are in final stages of talks to combine their small LCD panel units, to create a possible new global market leader, the Nikkei business daily reported. Government-backed investment fund Innovation Network Corp of Japan will invest about 100 billion yen ($1.24 billion) to own 70-80 percent of the merged entity, Nikkei said citing sources. Toshiba Mobile Display Co had 9.2 percent of the global small LCD panel market in 2010, while Sony Mobile Display Corp had 6.1 percent. Sharp Corp led the lot with a 14.8 percent market share, the newspaper said. The new company may use the funds to introduce cutting-edge production lines at a Sony plant in Aichi Prefecture's Higashiura, the Nikkei reported. It will also develop technologies to mass-produce OEL (organic electroluminescence) panels, which deliver higher resolutions than LCD panels while consuming less power, the business daily said. Toshiba and Sony are seeking a basic agreement this month and the entity is expected to form this year, the paper said. ($1 = 80.280 Japanese Yen) (Reporting by Arpita Mukherjee in Bangalore; Editing by Joyjeet Das) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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