Announced earlier this week in Japanese business paper Nikkei, Sony and Sharp have finally put long anticipated joint venture plans into place.
This is a multibillion dollar deal that sets Sony up to have access to TVs made in Sharp’s Sakai plant. Sharp also plans to sell off additional stakes in the plant to companies such as Toshiba.
Not satisfied with just that, Sony may continue their expansion by enlisting Samsung to produce panels later this year. Reported in Korean newspaper Hankooki, Samsung is in talks to supply Sony with 40, 46 and 55 backlit LCD displays.