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Sony (SNE), Hitachi (HIT), and Toshiba (TOSBF.PK) are unveiling their previously-announced display JV, creatively calling the new company Japan Display Inc. The venture will be operated and 70% owned by a government-backed firm called INCJ. [[AUO]], [[LPL]], and other display makers are hoping the consolidation provided by the JV will help relieve industry price pressures.

Sony (SNE), Hitachi (HIT), and Toshiba (TOSBF.PK) are unveiling their previously-announced display JV, creatively calling the new company Japan Display Inc. The venture will be operated and 70% owned by a government-backed firm called INCJ. AUO, LPL, and other display makers are hoping the consolidation provided by the JV will help relieve industry price pressures. Post your comment!
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