Summary

Original source:
http://www.technewsworld.com/story/40350.html

Details

• Matsushita Electric Industrial Co. and Hitachi Ltd. said today they have agreed to launch a comprehensive partnership in the plasma-display panel business to counter cutthroat competition from South Korean rivals.
• Japan's No. 1 and No. 2 plasma-display panel makers said the alliance will cover research and development, production, marketing and intellectual property.
• Fighting Competition The tie-up is expected to allow Matsushita, known for its Panasonic brand products, and Hitachi to capitalize on each other's technological prowess to pursue clearer pictures and pare down electricity consumption and reduce overall costs.
• The move is intended to pit the companies against South Korean firms that have been investing heavily in the development of plasma-display panels and against those strong in liquid crystal display TVs.
• Matsushita and Hitachi said in a joint statement that they will explore ways to work more closely with component makers with an eye on standardizing module parts and lower production costs.
• Creating Synergy "Synergism between the companies' businesses, such as product performance enhancement and cost reduction, will be sought through mutual utilization of the best components of the Hitachi and Panasonic groups," the statement said.
• On intellectual property, they will establish a joint venture to manage PDP-related patents to step up the joint use of their respective intellectual properties and improve development efficiency.
• Growing Market Hitachi will shortly make Fujitsu Hitachi Plasma Display Ltd., a joint PDP production venture with Fujitsu Ltd., its subsidiary and get Fujitsu's relevant basic patents, which will be made available to Matsushita through the new patent-related firm.
• They account for about 90 percent of the global market for thin, large-screen TV sets and are expected to enjoy phenomenal growth in coming years, it said.
• In Japan, major LCD TV makers such as Sharp Corp. are rapidly increasing their focus on large-screen TVs.

Related Articles

Popular Topics: Plasma, Plasma panel, Matsushita, Diabetes, Breast cancer, Prostate cancer, Heart disease, Depression, High cholesterol, Osteoporosis, Vaccines, Autism, ADHD, Infertility, Weight loss, Cancer, Alzheimer's, Trans fats, Acrylamides, Fluoride, Mercury	Take Action: Support NaturalNews.com Email this article to a friend Share this article on: NewsVine | digg | del.icio.us Permalink to this article: http://www.naturalnews.com/004522_plasma_panel_Matsushita.html Reprinting this article: Non-commercial use OK, cite NaturalNews.com with clickable link. <a href = "http://www.naturalnews.com/004522_plasma_panel_Matsushita.html">Japanese giants join forces for plasma panel development</a>
Receive our Natural Health Newsletter for FREE Subscribe now (it's free!) to win. We randomly choose a subscriber each month to send $100 in eco-home products or a RealGoods.com gift certificate (our choice). Plus, you'll receive FREE news, articles and action alerts from NaturalNews.com editors and join over 800,000 monthly readers who report extraordinary health improvements after becoming a subscriber! Receive breaking news alerts on natural health solutions, renewable energy, the environment, global warming and more. Receive a free instant download of our $29 Secret Sources guide that reveals top sources for little-known health and diet solutions.	Your Email Address: Free Subscription Code: Enter the numbers you see: 100% free of charge. Unsubscribe anytime. Absolutely no spam. We respect your email privacy.
Recommended Special Report: Seven Words that can Change the World by Joseph R. Simonetta Read this special report now... "Seven Words That Can Change the World reveals the astonishing, simple truths that have the power to forever transform our world for the better while freeing our minds from the enslavement of limiting beliefs. This is not a text for the simple-minded; it is a guiding philosophy for the mindful, intelligent few who are wise enough to seek out -- and recognize -- the higher simplicities of truly purposeful living." - Mike Adams, the Health Ranger, editor of NaturalNews.com	More on NaturalNews.com: • Streaming Health Ranger Videos • CounterThink Cartoons • FREE Special Reports • Podcasts