Hitachi and Panasonic Agree to Furnish Each Other With Really, Really Big Plasma Displays
Hitachi, Ltd. and Matsushita Electric Industrial Co., Ltd (owners of the Panasonic brand) announced last week a deal to supply each other with 103-inch and 85-inch plasma displays. The deal is designed to strengthen an already existing partnership between the two companies which began in February 2005. Under the terms of the deal, Panasonic will supply Hitachi with 103-inch plasma panels in fiscal 2007 and Hitachi will supply Panasonic with 85-inch plasma panels in fiscal 2008. Each company hopes to use this deal to expand and enhance their respective flat-panel product lines.
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