by the BBC
The partners say they expect the market for small and medium-sized LCDs to grow rapidly. Hitachi, Sony and Toshiba are planning a joint venture to make small and medium-sized LCD displays for tablet PCs and smartphones. They will use money from the Japanese government to help them compete with rivals from Taiwan and South Korea. They have hesitated to invest in the LCD business because of expectations that prices are likely to fall. The company will be operated by Innovation Network Corporation of Japan (INCJ), a government-backed firm.
http://www.bbc.co.uk/news/business-14727594
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