Sony may invest more in Samsung LCD venture

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Sony is considering an additional investment in its liquid crystal display (LCD) joint venture with South Korea's Samsung Electronics to meet fast-growing demand for LCD TVs, its president said on Tuesday. Sony and Samsung formed a $2 billion joint venture in 2004 to mass-produce LCD panels for large televisions. Called S-LCD, the venture began shipments of panels in April and is expected to reach full capacity next year.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.