NEW YORK (AP) — Panasonic parent Matsushita Electric Industrial Co. said Wednesday it hasn't made a decision regarding a possible alliance with Hitachi Ltd. and Canon Inc. to produce flatpanel displays.
A Japanese business newspaper earlier Wednesday reported that Canon Inc. and Matsushita Electric Industrial Co. were mulling an investment in a subsidiary of Hitachi Ltd. as part of a combined effort to design and produce organic electroluminescent panels.
In separate comment, Hitachi also said no decision has been made.
The panels are considered to be a possible replacement for liquid-crystal displays.