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TOKYO — Toshiba and Sharp are considering a tie-up in the liquid-crystal- display-panel business, officials said Friday, amid intensifying competition for thin flat-panel displays.
Toshiba is discussing links with Sharp, known for the Aquos brand of flat-panel LCD TVs, Toshiba spokesman Keisuke Omori said.
Japan’s business daily Nik kei reported that Toshiba plans to buy LCD panels made at Sharp’s new state- of-the-art plant for incorporation into its own televisions.
The move would mean that Toshiba will end its current ties with Matsushita Electric Industrial and Hitachi, it said.
The Nikkei said the two companies are expected to announce the alliance plan today.
