Sharp will begin supplying LED backlights for LCD televisions to Sony, expanding their alliance in LCD panels, the Nikkei business daily reported today. And the two companies will also jointly develop next-generation backlights, according to the report.
The report said that Sony plans to invest about 68 billion yen by April 2011 to take a one-third stake in a joint venture with Sharp to produce LCD panels at a plant in Japan. The plant started output last month, and is the world's first factory that processes so-called 10th-generation glass substrates.