[High-tech LED News] Japan Japan Display Co., Ltd. announced that it will acquire Panasonic's LCD TV panel factory in Mobara City, Chiba Prefecture. Both parties have entered the final coordination stage on the acquisition.
Japan Display said that after the acquisition of Panasonic Mobarion LCD panel factory, it will be transformed into a factory producing the most advanced small and medium-sized panels, with an estimated investment of 100 billion yen.
Japan Display is led by the Japan Government and the People's Fund "Industry Innovation Agency (INCJ)", and Sony, Toshiba, and Hitachi are joint ventures. Because Panasonic Mobarion LCD Panel Factory is adjacent to Hitachi's existing small and medium-sized panel factory, it has the advantage of easy transfer of technology. Therefore, it is deeply favored by INCJ, the largest investor in Japan Display. In addition, Japan Display expects to compete with Taiwanese and Korean manufacturers to compete by expanding the production line to stabilize the business.
Japan Display said that after the acquisition of Panasonic Mobarion LCD panel factory, it will be transformed into a factory producing the most advanced small and medium-sized panels, with an estimated investment of 100 billion yen.
Japan Display is led by the Japan Government and the People's Fund "Industry Innovation Agency (INCJ)", and Sony, Toshiba, and Hitachi are joint ventures. Because Panasonic Mobarion LCD Panel Factory is adjacent to Hitachi's existing small and medium-sized panel factory, it has the advantage of easy transfer of technology. Therefore, it is deeply favored by INCJ, the largest investor in Japan Display. In addition, Japan Display expects to compete with Taiwanese and Korean manufacturers to compete by expanding the production line to stabilize the business.
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