Fri, Jul 04, 2003 - Page 11 News List

Canon to enter flat-panel market next year

IMPROVEMENTS The company says its new TVs will use about half the power of cathode-ray tube sets and have better picture quality than glass tube-based ones

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Canon and Toshiba agreed to co-develop the display technology in June 1999. They said then they would set up a venture to produce the panels when the technology was ready.

South Korea's Samsung was the world's biggest seller of flat panels, also used in computer monitors and cellphones, last year, according to Texas-based DisplaySearch. The market will be worth US$21.4 billion this year, DisplaySearch forecasts.

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