Toshiba and Sony will create the joint venture on manufacture of semiconductors
Japanese hi-tech companies Toshiba Corp. And Sony Corp. Have signed the definitive agreement on joint venture creation on manufacture of high-efficiency semiconductors.
document signing has followed the memorandum of mutual understanding, the prisoner in October 2007ã. Under treaty provisions Toshiba 60 % of actions of the new company will own, on 20 % will belong Sony Corp. And Sony Computer Entertainment Inc. (SCEI), it is told in a press - release Sony.
the joint venture will be created on the basis of technological centre Sony Semiconductor Kyushu Corporation (SCK) in Nagasaki and will begin manufacture since April, 1st of this year Till this time Toshiba undertakes to redeem a line on manufacture 300 - millimetric semi-conductor plates at enterprise SCK for 90 mlrd yens (835 million dollars) Which will be used by joint venture.
intention Toshiba and Sony to create joint venture reflects a tendency in the Japanese market of manufacturers of technics and electronics. Experts consider its natural. They explain formation of commercial alliances between the companies aspiration to cut expenses and to minimise risks by working out of technologies of following generation.
during the last 30 - 40 years the majority of Japanese manufacturers of electronics were engaged in release almost all kinds of technics, beginning from microcircuits and finishing double boilers. And until recently this model very well worked. But now concerns simply do not maintain a competition from the foreign companies which prefer to specialise on manufacture of separate products. Result of it is the compelled reduction of prices on the goods that, in turn, leads to huge losses.
One of the last on this way Japanese companies Matsushita Electric Industrial, Hitachi and Canon have gone. In the end of December they have declared joint venture creation on manufacture of liquid crystal displays. Within the limits of project Hitachi will lower the share in division Hitachi Displays to 50,2 %, and Matsushita and Canon will receive on 24,9 % in the enterprise. The agreement between three companies also means that Matsushita will construct new factory on manufacture of displays.
thus, in the world market of liquid crystal displays will be three large alliances. Joint venture Matsushita, Hitachi and Canon will compete in this area to associations of companies Sony - Samsung and Sharp - Toshiba.
Japanese Toshiba makes office and household electronics, and also the peripheral equipment for the personal computer and computer accessories. Net profit Toshiba for 9 months 2007 - 2008 which have come to the end on December, 31st 2007ã. Has grown on 13,4 % - to 126,16 mlrd yens (1,18 mlrd dollars), and the company sales volume for the specified period has increased by 12,4 % and has made 5,57 trln yens (52,25 mlrd dollars).
Sony - one of the leading hi-tech companies in the world. In particular, it is the leader in manufacture of game consoles (Sony PlayStation) and video games. Net profit Sony following the results of 9 months 2007 - 2008, terminated on December, 31st 2007ã., has grown on 75,6 % - to 340,39 mlrd yens (3,19 mlrd dollars), the gain has increased by 11,5 % - to 6,92 trln yens (64,86 mlrd dollars).