Possible collaboration between Matsuhita, Canon and Hitachi

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l2007s

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Possible collaboration between Matsuhita, Canon and Hitachi

posted on Dec 21, 2007 07:56AM

December 19, 2007 04:50 AM Eastern Time

OSAKA, Japan--(BUSINESS WIRE)--Matsushita Electric Industrial Co., Ltd. (MEI)(NYSE:MC), best known for its Panasonic brand, commented on the media reports of December 19 in Japan about a possible alliance in LCD Panel Business with Hitachi, Ltd. and Canon Inc.

The Company has not decided anything in regards to the alliance in LCD Panel Business with Hitachi, Ltd. and Canon Inc.

December 18, 2007 09:18 PM Eastern Time

TOKYO--(BUSINESS WIRE)--Hitachi, Ltd. (NYSE:HIT) (TSE:6501) today commented on articles that reported Hitachi, Matsushita Electric Industrial Co., Ltd. (TSE:6752), and Canon Inc. (TSE:7751), are in stages to form a comprehensive tie-up in LCD Panel Business.