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Sony and Samsung in $1.9bn Flat-screen Plan

Samsung Electronics and Sony are set to invest an additional $1.9bn in a new flat-screen production line at their joint venture factory in South Korea in a bid to boost manufacturing efficiency in the face of price falls for liquid crystal display televisions.

Samsung had faced mounting speculation that it might lose its Japanese partner after Sony said last week it would take a one-third stake in Sharp's $3.5bn LCD panel plant in western Japan in a move aimed at diversifying its supply sources amid growing demand for flat-panel televisions.

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Massacre3370d ago

These companies have just way too much money going around. Hope their next line of products are a little cheap though.

Room 641-A 8 5neDDaM3370d ago

can do no wrong when it comes to LCD televisions imo.

themyk3370d ago

1080P, 15,000:1, and love every second i look at this beautiful machine. worth every penny.

Warbletot3369d ago

I just got the 46" W series 1080P, awesome, just awesome. Close call between the Sammy and Sony, I guess I liked the aluminium finish!

Chuck Norris3369d ago

Compared to what MS did with its $1B+, this is money well spent.