Sharp may buy Fujitsu's LCD unit

Discussion in 'Industry News' started by Dexsal, Feb 7, 2005.

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  1. Dexsal

    Dexsal Space Monocerotis

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    Fujitsu, a Japanese chips-to-computers conglomerate, said Sunday it is in talks with Sharp, the world's largest maker of LCD televisions, to sell its loss-making LCD panel operations.

    The deal would mark Fujitsu's effective withdrawal from the volatile and highly competitive flat-panel market and the latest consolidation in the industry in Asia, which has been hard hit by sharp price falls and slower-than-expected consumer demand.

    "It is true that we are in negotiations with Sharp, but nothing concrete has been decided. We'll make an announcement as soon as an agreement is reached," a Fujitsu representative said.

    "The agreement is likely to come sooner, rather than later," he said.

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  2. MIG-31

    MIG-31 Old time Member.. Staff Member

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    Since This post,the main article has been updated.

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