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Sony to pay $176 million for Taiwan firm's LCD unit

By - Source: Tom's Hardware US | B 0 comment
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Sony will buy the Japan-based operations of Taiwan's Chi Mei Optoelectronics for $176.2 million, the companies said Friday.

The purchase is key for Sony, which is racing to catch up in the rapidly expanding flat-screen TV market.

Read the complete story . (Ledger-Enquirer)

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