Sony to acquire Seiko Epson's LCD operations

01 July 2009

Sony Corp said plans to acquire part of Seiko Epson Corp's small and medium-sized LCD operations by April 2010 for free. Earlier this year Sony said it would start talks with Seiko Epson on an alliance in small LCDs and was interested in Seiko Epson's technology and output capacity of amorphous silicon thin-film transistor (TFT) LCDs, known as low-cost displays. The addition of amorphous silicon TFT LCDs is expected to boost its competitiveness as a panel supplier and maker of mobile devices with displays, such as cellphones and digital cameras, reported Reuters.

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