TOKYO—Toshiba Corp. and Matsushita Electric Industrial Co. Ltd. have announced a joint venture for liquid crystal display and next-generation display businesses for personal digital assistants and other appliances.
Both companies will develop, manufacture and sell the products with Toshiba owning 60 percent and Matshushita 40 percent. The venture goes into effect in April, 2002.
Toshiba, Matsushita enter JV for LCD business
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