Totay Canon purchased all of Toshiba’s outstanding shares of SED Inc., which was jointly established by both companies. SED Inc is now a wholly owned subsidiary of Canon.
The decision was reached following discussions between Canon and Toshiba based on the assumption of prolonged litigation pending against Canon in the United States with respect to SED technology. As a result of the discussions, it was decided that Canon will carry out the SED panel business independently in order to facilitate the earliest possible launch of a commercial SED television business.SED television sets are to be introduced in Japan in the fourth quarter of this year as originally scheduled, although Canon will reassess its future mass-production plans for SED panels.
While the decision announced today represents a major change in the relationship between Canon and Toshiba, each company is expected to make every effort for the smooth launch of its television business based on the high image quality achieved by SED technology.
Mr. Kazunori Fukuma, the current president of SED Inc. appointed from Toshiba, will resign from Toshiba, after which he will be hired by Canon and continue to serve as SED Inc. president. Also, plans call for Toshiba engineers on loan to SED Inc., in accordance with the terms of a new agreement to be entered into between SED Inc. and Toshiba, to continue their assignments for the transition period during which Canon will independently establish the SED panel business.
With 1.8 million net square feet of exhibit space - the largest show floor in its history - and over 140,000 attendees from across the globe experiencing the latest consumer technology products from 2,700 exhibitors, the 2007 International CES reinforced its status as the world’s largest consumer technology tradeshow.”The 2007 International CES succeeded beyond our expectations,” said Gary Shapiro, president and CEO of CEA. “It had buzz and optimism and attracted the world leaders of the content, technology and services, communications and automobile industries.”
The CES show floor buzzed with more than 20,000 product launches and major partnership announcements, spanning across industries and connecting consumers with more features, services and control of the content incorporated into electronic devices. A new convergence of CE devices emerged on the show floor, combining existing product categories with new digital content and services to create unique, multi-functional products.
“We had a record-breaking show with 2,700 exhibitors filling more than 1.8 million net square feet of show space,” said Karen Chupka, senior vice president of events and conferences at CEA.
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Product launches and a major industry keynote by Microsoft’s Bill Gates electrified attendees on the eve of the 2007 International CES. Produced by the Consumer Electronics Association (CEA), the 2007 International CES, the world’s largest technology tradeshow runs through January 11, and celebrates the show’s 40th anniversary.
“The pre-CES events generated major excitement and anticipation for what’s to come this week at the 2007 International CES,” said Gary Shapiro, president and CEO of the Consumer Electronics Association, producer of the International CES. “With 2,700 exhibitors debuting the latest technologies and consumer electronics gadgets, the 2007 International CES is the only place to be this week for consumer technology professionals. CES attendees are experiencing, first-hand, a new convergence of consumer technology products emerging from the show floor, with new products incorporating the features, services and content that consumers crave.”On Saturday evening, the third annual CES Unveiled, the Official Press Event of the International CES, kicked off the pre-show media events at the Sands Expo and Convention Center/The Venetian.
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News from Witsview:
Sampo
Sampo president Chen Jui-hsun revealed that the company has obtained orders from Sharp for the contract manufacturing of 32 and 37 inch AQUOS TVs.
Viewsonic/Chi Mei
Viewsonic indicated that it has received the Windows Vista certification for its monitors. Chi Mei is also expecting to soon win the certification as well.
Kolin
According to Kolin President Frank Lee, the company hopes to ship 1.2 million LCD TVs in 2007. 500,000 panels will be delivered by LG.Philips LCD, while the remaining portion will be supplied by AUO, CMO and Samsung.
Sampo
Sampo has introduced a low-priced 42-inch XGA PDP model for the Taiwan market. The LM-42HW35 carries a price tag of NT$49,900.
LG Electronics
LG Electronic has introduced the new DA70 LCD TV, which is also equipped with PC functions. The DA70 model is the first of its kind under the company’s TV-PC Series.
Sharp
According to Sharp’s latest Japanese press release, the company has introduced two 32 inch LCD TVS (LC-32GS10 and LC-32GS20) capable of delivering full HD pictures in the Japanese market.
Sampo
Supported by new LCD TV orders from clients such as Sharp, Sampo expects the Taiwanese flat screen TV market to grow by 20 percent for 2007.
