On again / off again Sony & Sharp LCD plant is still on, just delayed
[Via Reuters]
joint venture posts

LG and Amtran, the manufacturer behind Vizio HDTVs, put pen to paper today on a LCD joint venture in China. Amtran will own 49 percent of the new company and set it up on its existing production base in China, with LG holding the other 51 percent. According to Reuters the plant should be up and running early next year pumping out 5 million LCD TVs a year, but that hasn't improved investor reaction, with shares in both companies falling again. As usual, keep an eye out for quality and not just a nameplate, those Insignia / Vizio / LG on the shelf next year could have a lot more in common than you think.
Hear this, Australians: we know you're pretty stoked about the forthcoming launch of Foxtel's high-def services, but a few more stations could be on the way shortly. Reportedly, post facility Omnilab Media has landed a long-term agreement with Movie Network Channels that will see an HD studio constructed for the channels. Currently, Omnilab handles all post-production work for MNC, which consists of Movie One, Movie Two, Movie Extra and Movie Greats -- all of which are seen on Foxtel. If all goes well, the facility will be completed in August, but what exactly it plans on using the sweet new equipment for remains to be seen.









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