Categories: News

News: Japan Display, the joint venture by Sony, Toshiba, Hitachi now firing up operations

The joint venture, Japan Display, that agreed on its formalities in November, has now started operation. While Sony, Toshiba and Hitachi have a 10% stake in the business, the core investment comes from the government-backed INCJ.

The collaboration hopes to relaunch the middle and small sized display sector. At present, it has around 6,200 employees and around $2.8 billion of capital. Now that operation has finally begun, an announcement of its operational divisions that include “Mobile Business” and “Automotive” hint at what we could expect from the business as it moves ahead.

yusuf

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