Sanyo Buys LCDs from Sharp, Eyes Appliance Ties
May 23, 2008
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Sanyo Electric Co said it has started buying liquid crystal display panels from Sharp Corp for use in its flat TVs sold in North America and that the two firms are considering joint development of kitchen appliances.
Sanyo spokesman Hiroyuki Okamoto said it began procuring panels from Sharp earlier this year for some of its TV sets sold in North America. Sanyo sold about 1 million LCD TVs in North America in the business year that ended on March 31, Okamoto said.
Sanyo and Sharp are also considering joint development of kitchen appliances such as microwave ovens, Okamoto said. (AP)

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