Sony may divorce with Samsung

Sony is considering breaking up its joint venture with Samsung on LCD panels so it can cut its costs, according to a number of reports.

Sources familiar with the matter were chatting with Nikkei and Reuters to say that the Japanese firm was hoping to strike a deal by the end of this year to sell its stake, which is nearly half, in the joint venture S-LCD to Samsung.

A canned statement from the company said: "Sony has made no announcement in this regard and has no comment".

Sony made almost the exact same statement regarding the first media reports that it was considering buying out Ericsson's share of Sony Ericsson, a deal it then announced about three weeks later.

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source: The Register