Japan Display

Jay Alabaster, PCWorld:

Japan Display, the new venture that will acquire the factory, will be comprised of the small display subsidiaries of Hitachi, Sony and Toshiba, backed by a US$2.6 billion investment from a government-funded investment firm, Innovation Network Corporation of Japan (INCJ). The companies said Tuesday they had finalized plans to launch the new company in Spring of next year, as earlier announced.

Japan Display will purchase Panasonic’s LCD TV factory in Chiba prefecture and add a small display production line.