Execution of Agreement Regarding Transfer of Sony Mobile Display's Yasu Plant to

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    • Jan 2009
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    Execution of Agreement Regarding Transfer of Sony Mobile Display's Yasu Plant to

    Tokyo, Mar 31, 2010 - (JCN Newswire) - Sony Corporation ("Sony") announced that Sony, Sony Mobile Display Corporation ("SMD"), a 100% subsidiary of Sony, and KYOCERA Corporation ("KYOCERA") have executed a definitive agreement for the transfer of small- and medium-sized TFT liquid crystal display ("LCD") design and manufacturing operations at the Yasu Plant of SMD to KYOCERA. The transfer is planned to become effective on June 1, 2010, subject to receipt of any necessary government approvals.Sony and SMD plan to increase efficiency and strengthen operations in the small- and medium-sized TFT LCD business by concentrating manufacturing operations going forward in

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