Toshiba Buys Panasonic's Stake In LCD/OLED Business

By |


Toshiba_OLED.gif

Toshiba announced last Wednesday that they have reached an agreement with Panasonic to buy all of Panasonic's shares in the co-owned LCD and OLED panel production operation called Toshiba Matsushita Display Technology (TMD).

The deal reportedly goes down on April 28, TMD will become a fully controlled and owned by Toshiba thus will change its name to Toshiba Mobile Display.
In a published statement, Toshiba said that taking on Panasonic's position in TMD will allow it to "further accelerate decision-making and promote comprehensive restructuring of TMD's business."

Panasonic recently bought up Sanyo in a landmark consumer electronics deal.
Reportedly the new company direction should to move TMD's focus onto OLEDs sets which are a very future-minded technology that have green implications.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest Industry Trade News

Sep 18
CEDIA 2017 Show Wrap-up The annual CEDIA Expo--which celebrates high-end home theater, whole-house AV, and all things custom-oriented--took place recently in San Diego. Adrienne Maxwell and Dennis Burger discuss the latest trends and new products on display.
CEDIA 2017 Show Wrap-up

Sep 11
Do You Own an AV Boat Anchor? AV technology is always advancing (sometimes quite quickly), and that means some pieces of gear inevitably get left behind. Do you own a product that became obsolete far sooner than you would've preferred?
Do You Own an AV Boat Anchor?

Sep 04
Why Aren't There More Negative AV Reviews? One question we get from some of our most loyal readers is, "How come there aren't more negative reviews on the website?" Jerry Del Colliano answers this question and gives more insight into our review process.
Why Aren't There More Negative AV Reviews?

Aug 28
MartinLogan Ends Online Partnership with Amazon and Other Retailers MartinLogan has announced that the company will no longer sell its products through Amazon.com and other current online retailers. The...
MartinLogan Ends Online Partnership with Amazon and Other Retailers

Aug 27
Have You Attended a Listening Event Recently? Looking for a pressure-free way to audition the latest AV gear? Check to see if your local specialty retailer hosts regular listening or AV demo events. Adrienne Maxwell describes a recent event she attended at Colorado's ListenUp store.
Have You Attended a Listening Event Recently?