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Samsung and Sony Meet to Discuss HDTVs and the 3D Future
Tue May 25, 2010 at 09:00 AM ETTags: Samsung, Sony, 3D, High-Def Retailing (all tags)
Cooperation could bring down panel prices and hopefully set a 3D standard.
Samsung Chairman Lee Kun-hee and Sony's Howard Stringer are set to meet this week to discuss, among other things, supply of HDTVs.
Sony's finally pulling out of the slump they've been in TV wise. Growth is on the way, and profit isn't far behind. But to capitalize on that growth, Sony needs more panels from its supplier, Samsung. It's likely, according to analyst Nobuo Kurahashi, that Samsung will attempt to solidify its position in the industry by keeping more panels for itself.
Sony's looking for a big boost when it comes to LCDs, and expects a 60 percent increase in sales by March of next year. Samsung is doing well as it is, but has just invested a record $16 billion this year.
There will likely be some talk about Google TV, since Sony is on board, while Samsung is still deciding. The two companies will also be talking about 3D cooperation, and hopefully setting a standard for 3D glasses.
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