Panasonic, Hitachi, and Canon strike a huge deal
A deal of monumental proportions has been struck between 3 of the largest consumer electronics manufacturers in the world.
Hitachi, Panasonic, and Canon have confirmed a deal that will give each company access to some of the technologies utilized by the others.
Canon will now have access to Hitachi’s medium-sized LCDs and OLED displays for their own use, while Panasonic will now be able to use Hitachi’s IPS (In-Plane Switching) and OLED technology.
What does Hitachi get out of this deal?
Panasonic and Canon have purchased 24.9% of Hitachi, who will use this infusion of capitol to further advance their LCD technology.
Presumably Canon and Panasonic will also have some claim to these LCD advancements when they occur.
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