Feeds

Sony may break up with Samsung

Japanese firm considers ending LCD joint venture

Secure remote control for conventional and virtual desktops

Sony is considering breaking up its joint venture with Samsung on LCD panels so it can cut its costs, according to a number of reports.

Sources familiar with the matter were chatting with Nikkei and Reuters to say that the Japanese firm was hoping to strike a deal by the end of this year to sell its stake, which is nearly half, in the joint venture S-LCD to Samsung.

A canned statement from the company said: "Sony has made no announcement in this regard and has no comment".

Sony made almost the exact same statement regarding the first media reports that it was considering buying out Ericsson's share of Sony Ericsson, a deal it then announced about three weeks later.

However, one source did tell Reuters that it was possibly just run-of-the-mill talks between Sony and Samsung on the joint venture's returns.

"Under the contract on the LCD joint venture, the two parties are allowed to discuss such matters, which outsiders could misunderstand as a step for Sony to withdraw from the joint venture," the source said.

A Samsung spokesperson had not responded to a request for comment at the time of publication.

TVs are not electronics firms' favourite product at the moment, as demand is slow and there's too much supply. If Sony pulled out of making its own panels, it could outsource them instead, potentially reducing its costs.

The Japanese company is due to announce its results on Wednesday and analysts are forecasting that it won't meet its operating profit forecast of 200 billion yen (£1.6bn) as, like local rival Panasonic, it struggles against weak demand and a strong yen. ®

New hybrid storage solutions

More from The Register

next story
Half a BILLION in the making: Bungie's Destiny reviewed
It feels very familiar - but it's still good
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Get your Indian Landfill Android One handsets - they're only SIXTY QUID
Cheap and deafening mobes for the subcontinental masses
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
DARPA-backed jetpack prototype built to make soldiers run faster
4 Minute Mile project hatched to speed up tired troops
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.