An interesting story from the Sydney Morning Herald:

http://www.smh.com.au/news/World/Matsushita-Hitachi-to-triple-LCD-output/2006/05/31/1148956403664.html

The two firms have decided to boost their LCD output capacity to fend off competition from rivals such as Sony Corp and Sharp Corp, which are also moving to drive up their production capacity, officials at the two firms said.

But Toshiba, a partner at the trilateral venture, will refrain from joining the greater investment plan this time, partly because it will put priority on developing the next-generation flat-screenSED TV in conjunction with Canon Corp, industry officials said.

SED TVs, short for surface-conduction electron-emitter display TVs, will hit the shelves in autumn 2007 or thereafter.

As for production at the Chiba venture, Matsushita and Hitachi had planned to increase the annual LCD panel capacity to 2.5 million units in April 2007, the two firms said.

But the two have decided to bring forward the timing of the implementation of the 2.5 million-unit plan to January of that year, while planning to hike the annual capacity to 5 million during the second half of 2007, they said.

This is another good indication that Toshiba is moving ahead as planed with the SED TV development.

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