Sony, Toshiba, Hitachi plan small-size LCD merger

Analysts say the entity would dominate the market, surpassing leader Sharp as well as growing rivals such as South Koreas Samsung and Taiwans Chimei Innolux.

News said a good year ago that Sony teamed up with Samsung to develop a highly degraded quality medium and large-sized liquid crystal display to keep their prices competitive on the market and fight off sluggish sales due to their unreasonable high prices. (meanwhile keeping the skyrocketing profit)