Fujitsu has announced they'll be selling their LCD unit to Sharp. Though the details of the sale are yet to become known, o­ne thing is evident: I didn't even know Fujitsu made LCDs.

Fujitsu Corporation and Sharp Corporation reached an agreement o­n the 7th for Fujitus's LCD device business to be assigned to Sharp. They will hold various negotiations to discuss the terms, and will complete a formal contract by March. They have not disclosed the price of the sale.

The development, production, and sale divisions of Fujitsu Display Technologies Corporation (FDTC), a child company of Fujitsu, as well as the FDTC-related divisions at Fujitsu Labs Corporation will be assigned to Sharp.

FDTC had focused o­n high-resolution displays for PCs, and was also developing MVA (Multi-domain Verticle Alignment) panel technology. However, with the decline of panel prices in the PC display market, it had been difficult for the company to remain profitable; the division will instead be sold to Sharp, who has been focusing o­n their LCD division.

Fujitsu has already sold their plasma display division to Hitachi, and has already announced their sale of their LCD production equipment division to Alvac; the company plans to focus o­n their information communication/service divisions.

Inspired by:
http://pc.watch.impress.co.jp/docs/2005/0207/fujitsu2.htm

Press Release:
http://pr.fujitsu.com/jp/news/2005/02/7-1.html