Monday, October 15, 2018
Close  
  • share this

Sony, Panasonic tying up in advanced TV displays

/ 06:48 PM June 25, 2012

TOKYO—Long-time Japanese rivals Sony Corp. and Panasonic Corp. are going to work together to develop next-generation panels called OLEDs for TVs and large displays.

The companies said in a joint statement Monday they will share core technologies to develop OLED, or organic light-emitting diode, panels.

ADVERTISEMENT

Both Sony and Panasonic have posted losses after falling behind Samsung Electronics Co. of South Korea, as well as cheaper Asian rivals in TVs.

The joining of forces marks a departure from decades of rivalry, and highlights the pressure that Japanese manufacturers face to catch up with Samsung in TVs.

FEATURED STORIES

Sony was the first in the world to sell an OLED TV, with its 11-inch model in 2007, but buys liquid-crystal displays from other manufacturers.

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Japan, OLED, Panasonic, Sony, technology
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2018 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.