OLED will become the meat and potatoes on giant joint attack

According to foreign media reports, Hitachi wholly owned subsidiary of Hitachi Displays, mainly the production of small and medium size TFT LCD panel and OLED R & D, Matsushita, Canon plans to invest on the Hitachi Displays, jointly developed OLED, days after the Hitachi stake will be reduced to about 50%, the remaining shares by Matsushita, Canon accounted for half of the. As for the amount of investment, the current 3 founder in the negotiations, the outside world is estimated to be more than 100 billion yen (about $880 million). Matsushita, Canon shares of Hitachi Displays, will be dominated by Hitachi, Canon, joint research and production of OLED, Matsushita will use OLED panel in the company may be thin TV, Canon OLED panel used in digital cameras and other products (DSC).

The 3 party cooperation if true, for a long time on the PDP TV and miss the LCD TV business Matsushita, is expected to significantly adjust product strategy. While Hitachi was owned, will also reduce the load of panel production.

Source: China Power Grid