Sony, Panasonic tie up in OLED
Source: Agencies |
June 26, 2012, Tuesday
|
Print Edition
Print Edition
LONG-TIME Japanese rivals Sony Corp and Panasonic Corp are working together to develop next-generation TV panels called OLEDs in a reversal of decades of rivalry as they try to catch up with South Korea's Samsung Electronics Co.
The firms said in a joint statement yesterday they will share core technologies to develop OLED, or organic light-emitting diode, panels. They aim for low-cost mass output by 2013.
Both Sony and Panasonic have posted big losses after falling behind Samsung and other Asian rivals in TVs. The tie-up marks a departure from a long rivalry and highlights the pressure that Japanese manufacturers face to catch-up with Samsung in TVs.
Samsung is planning to start selling TVs with big OLED screens later this year. OLEDs use a different technology from liquid crystal displays and delivers very clear, vivid imagery.
Fitch Ratings said the Sony-Panasonic tie-up underlined "the fall of Japanese tech companies," as such a tie-up was previously "unthinkable."
"Japanese OLED investment is better late than never," said Alvin Lim, associate director at Fitch. "While consumer demand for OLED is still unproven, without investment Japanese manufacturers could become stranded in the TV market should this technology become mainstream."
The firms said in a joint statement yesterday they will share core technologies to develop OLED, or organic light-emitting diode, panels. They aim for low-cost mass output by 2013.
Both Sony and Panasonic have posted big losses after falling behind Samsung and other Asian rivals in TVs. The tie-up marks a departure from a long rivalry and highlights the pressure that Japanese manufacturers face to catch-up with Samsung in TVs.
Samsung is planning to start selling TVs with big OLED screens later this year. OLEDs use a different technology from liquid crystal displays and delivers very clear, vivid imagery.
Fitch Ratings said the Sony-Panasonic tie-up underlined "the fall of Japanese tech companies," as such a tie-up was previously "unthinkable."
"Japanese OLED investment is better late than never," said Alvin Lim, associate director at Fitch. "While consumer demand for OLED is still unproven, without investment Japanese manufacturers could become stranded in the TV market should this technology become mainstream."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
