Feeds

Sony, Samsung LCD JV 'to build 8G plant'

Deal almost done

Choosing a cloud hosting partner with confidence

Sony and Samsung's LCD partnership will extend to the eighth-generation panels after the pair agreed to put up the cash for a new plant in South Korea, it has been claimed.

According to industry sources cited by South Korean newssite Digital Chosunilbo, the two panel partners are about to shake hands on the deal which will then need to be accepted by both firms' boards - a formality, it seems.

If all goes well, the sources said, Sony and Samsung will break ground on the KRW1tr ($1.06bn) plant, to be sited in Samsung’s LCD facility in Tangjeong, South Chungcheong Province, in the Autumn. The moles maintain Samsung has already cleared the plant's site, ready for construction to begin.

Sony and Samsung agreed to cross-license their respective LCD patents in December 2004, eight months after the two formed S-LCD, a company tasked with building and running a joint seventh-generation panel plant. Samsung's stake in the KRW2.1tr ($2.23bn) JV is a single share more than Sony's. The eighth-generation plant will, it's said, raise S-LCD's value to KRW4.1tr ($4.35bn). ®

Intelligent flash storage arrays

More from The Register

next story
Chipmaker FTDI bricking counterfeit kit
USB-serial imitators whacked by driver update
Xperia Z3: Crikey, Sony – ANOTHER flagship phondleslab?
The Fourth Amendment... and it IS better
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Microsoft to enter the STRUGGLE of the HUMAN WRIST
It's not just a thumb war, it's total digit war
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.