Sony will buy Japanese LCD fab

Posted on Saturday, January 08 2005 @ 19:42 CET by Thomas De Maesschalck

Sony will buy the Japanese LCD panel factory from the Taiwan-based Chi Mei Optoelectronics. This will increase Sony's capacity of small LCD panels for usage in portable electronics devices, this includes mobile phones and digital cameras.

Sony will pay 18.5 billion yen ($176.2 million) for the facilities.

More info at Newsfactor

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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