Sony collaborates with Sharp to manufacture large LCD panels and establishes a joint venture company

Today announced that Sony will collaborate with Sharp to establish a joint venture company that produces and develops the industry's highest standards for quality, cost and performance.

Currently Sharp will split the liquid crystal panel factory under construction in Sakai City, Osaka Prefecture.

Details are as below.
Sony Japan | Press Release | Signed a memorandum of understanding to establish a joint venture concerning large liquid crystal panels and modules

According to this release, Sharp and Sony will manufacture and sell large liquid crystal panels / modules by separating the liquid crystal panel factory, which Sharp is currently building in Sakai City, Osaka Prefecture, which adopts the 10th generation mother glass It seems that they have agreed to establish a joint venture company.

Through cooperative relationship between the two companies, the alliance is aimed at further strengthening Sharp's state-of-the-art LCD display technology capabilities and market competitiveness in Sony's television business, and the joint venture will introduce the world's first tenth-generation mother glass Making full use of the superiority of the liquid crystal panel factory to be adopted, we will produce the industry's highest-quality large-size liquid crystal panels and modules in terms of quality, cost and performance, and supply them to Sharp and Sony according to the shareholding ratio. The equity stake is 66% for Sharp and 34% for Sony.

In addition, Sharp and Sony will also consider joint development of members for liquid crystal panels and modules, and further strive to strengthen cooperative relationship.