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Funai and JVC to Team Up on LCD TV Development, Manufacturing

Xbitlabs writes:

"As the world is in process of transition to HDTV (high-definition television), the demand towards high-quality screens, such as LCD (liquid crystal displays) or plasma, rises and in order to fulfill the demand on time and on cost manufacturers have to team up in order to deliver better and more affordable solutions.

JVC (Victor Company of Japan) and Funai Electric have reached and signed a basic agreement to implement a wide-ranging business alliance between the two companies centered on LCD equipment in the video equipment business sector."

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