Friday, March 13, 2009

Sony and Seiko Epson together to produce LCD screens.

Company Seiko Epson and Sony are discussing the possibility of signing agreements on cooperation in the market of LCD screens, reports IDG News. It may become part of the restructuring of the business of both companies.
The agreement involves the joint production of small and medium displays diagonal. They are designed for mobile devices such as phones and communicators.
The agreement between Sony and Seiko Epson must be signed in late June. It will, inter alia, Seiko Epson in a larger volume of their technologies in the field of LCD panels.
It is anticipated that the agreement between Sony and Seiko Epson will help companies reduce the losses that they suffer during the economic crisis.
Analysts believe that because of the crisis, the losses Sony and Seiko Epson in 2009 amount to half a billion and a billion dollars, respectively.

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