Canon set to buy out Toshiba's display stake, SED production in sight?
There's not too many technologies that eventuallysurfaced after hitting as many snags as these long-awaited SED TVs, but it looks like the final hurdle may finally be overcome. Canon has just announced that it will buy out Toshiba's stake in the pair's joint venture in order to get that pesky Nano-Proprietary patent lawsuit off their collective backs. The lawsuit claimed that its original agreement to license technology to Canon did not extend to Toshiba, thus presenting quite the quandary when Toshiba kept trying to get its SED displays out to showroom floors. SED TV production, however, is still up in the air, as Canon said that prior plans to erect a $1.49 billion manufacturing facility in Japan is now "under review," and an analyst even mentioned that the company might end up "reconsidering growth drivers to replace SED." Nevertheless, Canon is still clinging to the idea of popping out SEDs for now, although it was mentioned that it would be "on a smaller scale," which isn't apt to give these elusive sets any kind of price advantage whenever it lands. Interestingly, Toshiba still stated that if things went smoothly, it would buy some of the manufactured SED displays directly from Canon and throw its own logo on it, theoretically bypassing the lawsuit and simultaneously snubbing Nano-Proprietary. But hey, we've got no qualms with a little joint venture competition, and considering how every other HDTV price is falling through the floor, we'll bet they need it.
[Thanks, Greg]
