James Fee
09-01-2004, 06:00 PM
<div class='os_post_top_link'><a href='http://story.news.yahoo.com/news?tmpl=story2&u=/afp/20040831/tc_afp/japan_technology' target='_blank'>http://story.news.yahoo.com/news?tmpl=story2&u=/afp/20040831/tc_afp/japan_technology</a><br /><br /></div>"<i>Japanese hi-tech giants Hitachi, Matsu****a and Toshiba said they will jointly produce large liquid crystal display (LCD) panels to help them compete more effectively in the lucrative flat-screen television market. By January next year, Hitachi Displays Ltd., Hitachi's wholly owned panel subsidiary, Matsu****a Electric Industrial Co. Ltd. and Toshiba Corp. will set up a joint venture capitalized at 70 billion yen (642 million dollars). "The objective of this venture is to strengthen our global competitiveness," said Fumiaki Yonai, president of Hitachi Displays, told a news conference. The announcement followed the completion of the world's largest next-generation LCD panel plant in South Korea between Samsung Electronics and Sony Corp last month. </i>"<br /><br /> <img src="http://www.digitalmediathoughts.com/images/capt.sge.fnz22.310804171344.photo00.default-361x283.jpg" /> <br /><br />Why are these guys smiling? Proably because they are now able to blame others for the reason why they were killed Samsung in the LCD market. :roll: <br /><br />I guess if it lowers their costs, it will probably lower our costs as consumers.