Items tagged with INCJ
A chord of three strands is not easily broken, or at least Sony, Hitachi, and Toshiba hope so. The three companies are merging their respective small- and medium-sized LCD display businesses (i.e., smartphone and tablet screens) and joining together with Innovation Network Corporation of Japan (INCJ). The new company will be called Japan Display. Although three major electronics manufacturers joining forces is big enough news by itself, the involvement of the INCJ adds a layer of intrigue. INCJ is semi-public and receives some funding from the Japanese government; Reuters reports that as much as 90% of its funding, in fact, comes from the government. The INCJ, by investing 200 billion yen, will...
Read more...
