SED TV Just Round The Corner
 
 
 
 
 
 

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  SED TV Just Round The Corner
 
  Canon and Toshiba plan to begin constructing a mass production line for SED (surface conduction electron emitter display) flat-panel televisions as early as this year, the Nihon Keizai Shimbun reported over the weekend, citing Canon chairman Fujio Mitarai.

The two firms had planned to roll out the new product this past spring but delayed its launch until late next year because of the unexpectedly rapid decline in prices of LCD and plasma TVs, the newspaper said. In line with their initial plans, the partners will invest a total of $2.3 billion dollars to build the production line at Toshiba's Himeji factory in Hyogo Prefecture, it said.

'We want to be able to mass-market the products in time for the shopping season for the Beijing Olympics in 2008,' Mitarai said. But 'we have not yet established the manufacturing technology for mass-producing SEDs at low cost,' he said.

Under a five-year business plan starting this year, Canon aims to boost group sales to 5.5 trln yen by fiscal 2010, up 47 pct from fiscal 2005. It is also targeting a net profit margin of more than 10 pct, the newspaper said.

Mitarai regards the next five years as an expansion period, during which Canon will develop new businesses as well as actively pursue mergers and acquisitions in Europe and the US, the newspaper said.
 
 
 
 
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