Sony wants out of the joint venture with Samsung for production of lcd’s for tv’s steps, according to sources in Japan. The group would share want to sell it to focus more on the supply of cheap panels from third parties.
Sony is about half owner of the in 2004, formed S-LCD joint venture, Samsung owns the other half. The Japanese group, however, wants to be part of the Korean competitor sell report sources to the newspaper Japan Times. The two companies would continue this year, to an agreement.
Sony would of been part want to because of the sharply declining prices and the declining profitability of televisions. This would especially be the case in Japan, where consumers get their tv’s less likely to be replaced now the transition to digital tv there almost fully. In Europe and the US, the economic crisis impact on the poor performance of the tv market.
Sony is heading to the eighth jaarverlies of the tv-branch in a row. The joint venture would incur high costs, and the company would now cheaper panels from Taiwan and other countries want to decrease. Last week, Sony understand the part of Ericsson in the joint venture for the production of mobile phones.