Sharp and Pioneer pair up for Blu-ray dominance
Sharp and Pioneer are reportedly pairing up and creating a joint venture that both companies hope will dominate the optical disc industry--specifically the Blu-ray segment. The companies have reached a basic agreement, which was announced today in Tokyo, and will likely transfer their respective optical disc divisions in their entirety to the new venture. An official contract is expected to be signed by June 25, and if all goes well the Sharp-Pioneer JV should be up and running by October of this year. Pioneer recently discontinued manufacturing HDTVs despite being known as the best plasma producer via the Kuro brand, in the world.
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Posted by Justin Davey at April 9, 2009 8:33 AM