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Sony Planning To Merge LCD Units With Toshiba And Hitachi (NYSE:SNE) (PINK:TOSBF) (NYSE:HIT)
Plans have been announced for Sony to merge its LCD unit with those of Toshiba and Hitachi, possibly creating the world’s biggest maker of LCDs for cameras and mobile phones and cornering around 22% of the market for mid-sized and small liquid-crystal display screens. This would be accomplished by working with a government-backed fund to spin off and merge their units.
The plan is viewed as necessary...


