TOKYO (AP) — The display businesses of three major Japanese electronics makers are joining forces to become more competitive in small and medium-sized panels — a sector that's expected to grow because of the popularity of smartphones and tablets.
The display-business subsidiaries of Sony Corp., Toshiba Corp. and Hitachi Ltd. agreed to sign a deal later this year and to complete the business combination by the first few months of next year, the companies said Wednesday.
Japanese media reports said the combined forces of the three companies will make them the world's No. 1 in small and medium-sized displays.
Japanese electronics makers have had a tough time fighting …
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