Toshiba and Sharp to join forces on LCD panels
The actual meeting may very well have gone differently than that, but you get the idea. The partnership will allow the two companies to produce more LCD TVs and monitors at lower costs. Sharp is in the midst of building the world’s largest LCD plant in Japan and the arrangement calls for Toshiba to buy 40% of its LCD panels from Sharp and, in turn, Sharp will buy 50% of its LCD TV semiconductors from Toshiba.
Toshiba and Sharp Form LCD Pact [DailyTech]