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January 29, 2009

Sony-Sharp LCD joint venture delayed

2-23-08-sony-sharp-lcd.jpgThe joint venture between Sony and Sharp to produce LCD panels has been pushed back to March 2010, thanks to recession. The venture required a new manufacturing plant to be built and it was originally scheduled to be fully operational sometime in the last quarter of the year. Unfortunately, now that demand for panels is tanking, both companies are probably producing too much inventory anyway, so what's the point?

Via EngadgetHD

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Posted by Justin Davey at January 29, 2009 8:02 AM
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