Hitachi Ltd., Matsushita Electric Industrial Co., and Toshiba are all negotiating to create an alliance to produce TFT LCD panels used in TV's according to Reuters and EETimes.
“The report said Matsushita, which makes Panasonic products, would likely shoulder part of the estimated $894 million for a Generation 6 LCD fab Hitachi would build as early as 2006. The report added that the likely location for the new fab would be Chiba prefecture near Tokyo, where Hitachi’s LCD unit Hitachi Displays currently builds small and medium sized LCDs in Generation 4 fabs. “
Korean company Samsung Electronics and Sony created a similar alliance and plan on producing products in 2005. Other alliances also include LG.Philips who manufacture the LCD panel used in the new Apple Cinema displays.
Read the full story at EETimes
