Sony is planning to start buying TV-use LCD panels from Sharp as early as in the next business year that begins in April, a source close to the matter said Saturday. Sony currently runs an LCD panel joint venture with Samsung Electronics, but procurement from Sharp is expected to help it secure enough panels to meet fast-growing LCD TV demand without heavy capital investments.
Samsung and Sony compete for the top spot in the global LCD TV market. The Nikkei business daily said in its Saturday morning edition that Sony is in the final stages of talks with Sharp to buy large-sized LCD panels. Sony and Sharp representatives declined to comment.
©2007 CNET Networks, Inc. All rights reserved. CNET , CNET.com , and the CNET logo are registered trademarks of CNET Networks, Inc. Used by permission.
