Sony takes major stake in Sharp LCD plant
Written by admin on Wednesday, February 27th, 2008 in Gadgets and Devices.
Sony announced its intention to enter into a joint venture with Sharp concerning LCD panel production. More specifically, Sony is going to buy a one-third share in Sharp’s latest LCD panel plant that isn’t scheduled to be finished until 2010.
The new plant is located in Sakai City, Osaka Prefecture, Japan and uses tenth generation glass substrates. Its production capacity will be 72,000 panels a month at full-capacity, but 36,000 per month to begin with. Tenth generation production facilities allow for greater capacity and therefore more efficient production than older, earlier generation plants.
The joint venture will see the formation of a new company around April 2009 and is being seen as benefiting both companies.
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