Business Services Industry

Hitachi Comments on the Articles of LCD Panel Business

Business Wire, Dec 19, 2007

TOKYO -- Hitachi, Ltd. (NYSE:HIT) (TSE:6501) today commented on articles that reported Hitachi, Matsushita Electric Industrial Co., Ltd. (TSE:6752), and Canon Inc. (TSE:7751), are in stages to form a comprehensive tie-up in LCD Panel Business.

However, no decision as reported has been made.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE:HIT) (TSE:6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 384,000 employees worldwide. Fiscal 2006 (ended March 31, 2007) consolidated revenues totaled 10,247 billion yen ($86.8 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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