AfterDawn: Tech news

Sharp and Pioneer team up to develop HD products

Written by Andre Yoskowitz @ 22 Sep 2007 7:40 User comments (1)

Sharp and Pioneer team up to develop HD products Electronics giants Sharp and Pioneer have announced that they will be forming capital and business ties with plans to develop an array of HD consumer electronics.
Pioneer will sell 30 million shares to Sharp, making it the top shareholder in the company with a 14 percent stake. Sharp in return will sell 10 million shares of its stock to Pioneer, about 1 percent.

“As you know, there is harsh global competition in the electronics business field,” said Mikio Katayama, Sharp president/COO, in remarks announcing the deal. “Technology has been developing significantly faster compared to the past. Regarding industry trends, it is not an exaggeration to say that we cannot predict one year ahead, or half a year, or even three months ahead. In this environment, if we tried to cover all the necessary technology by ourselves, it would take considerable amounts of time, human resources and expenses. This might cause us to miss big opportunities.



“So, in order to cover core technology and know-how that we do not have, we believe a strategic business alliance is needed,”
he added.

The companies jointly said they will use the new joining as an opportunity to develop Blu-ray DVDs, as well as audio and car electronics and displays.

Currently, Sharp produces the blue-violet laser diodes for Blu-ray Disc players while Pioneer made the drive module technology necessary for the optical disk format.

The companies also hope to expand into A/V products, OEL displays, car navigation systems, as well as continue to develop new LCD TVs.

Source:
TWICE

Previous Next  

1 user comment

128.9.2007 16:00

From mmy experience if what i have seen from pioneer and sharp they will make a reliable strong product will be worth the wait.

Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive