Sony, Epson in talks in LCD alliance

Sony and Seiko Epson have begun discussions on an alliance in the area of small and medium-sized LCDs such as those for cell phones and handheld devices, they said Thursday.

The alliance, which could see some of Epson’s business transferred to Sony, comes as both companies are restructuring and reorganizing parts of their LCD businesses. On Wednesday Epson said it would close one of its two domestic LCD factories.

An alliance between the two companies would enable Epson Imaging to see its amorphous silicon TFT (thin-film transistor) technology more fully utilized while Sony could gain access to some of Epson’s technology for screens developed by its Sony Mobile Display unit, they said.

The two companies said they hope to have an agreement signed by the end of June.

Both companies expect losses this year. Epson is forecasting a net loss of ¥100 billion (US$1 billion) while Sony expects a net loss of ¥150 billion.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN Staff
CDN Staff
For over 25 years, CDN has been the voice of the IT channel community in Canada. Today through our digital magazine, e-mail newsletter, video reports, events and social media platforms, we provide channel partners with the information they need to grow their business.

Related Tech News

Featured Tech Jobs


CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.