Sony, Toshiba, Hitachi join forces in displays

The display businesses of three major Japanese electronics makers are joining forces to become more competitive in small and medium-sized panels—a sector that’s expected to grow because of the popularity of smartphones and tablets, the Associated Press reports. The display-business subsidiaries of Sony Corp., Toshiba Corp. and Hitachi Ltd. agreed to sign a deal later this year and to complete the business combination by the first few months of next year, the companies said Wednesday…

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