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Sony, NEC to set up optical disc drive joint venture

Posted: 18 Nov 2005  Print Version  Bookmark and Share Subscribe

Keywords: sony  nec  optical disk drive  dave ledesma  dave 

[Summary of tips] Sony Corp. and NEC Corp. have signed a memorandum of understanding (MOU) on a joint venture (JV) for the manufacture of optical disc drives. Under the agreement, Sony will have a 55 percent stake in the JV while NEC will control the remaining 45 percent. The deal combines Sony's expertise on optical pickups and NEC's expertise ......
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