AfterDawn: Tech news

Sony in talks with Seiko over LCD venture

Written by Andre Yoskowitz (Google+) @ 14 Mar 2009 16:54

Sony in talks with Seiko over LCD venture According to the EETimes, Sony and Seiko Epson are currently negotiating a joint venture that would allow the companies to build small and medium-sized LCD panels together.
Sony has been purchasing "equipment necessary to manufacture liquid crystal displays" from Seiko but other details of the deal have not been released.

Both companies are currently shaking up their LCD operations and Seiko recently announced they will be shutting down an LCD plant in Japan to save money. The company expects a "deep" net loss for 2009 from its LCD operations but expects to break even in 2010.

If the alliance happens, Epson Imaging "would share production costs and a more widespread use of its amorphous silicon TFT technology with Sony benefiting from Epson's tech," says Electronista.

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