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Sony, Samsung rev up LCD production at JV firm

Posted: 07 Mar 2008 ?? ?Print Version ?Bookmark and Share

Keywords:LCD panel? joint venture? S-LCD?

Sony Corp. and Samsung Electronics Co. will invest $1.9 billion to boost LCD panel production in their joint venture firm S-CLD Corp. This is according to Agence France-Presse report, which quoted the Nikkei news agency as saying that the companies have reached a basic deal to split the cost of investment evenly.

The agreement reaffirms Sony's commitment to its alliance with Samsung, even with the Japanese company's recent LCD tie-up with Sharp Corp.

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