11
Dec
2006
Smarthouse: Sony is set to start developing a new TV technology called Field Emission Display (FED) that will take on plasma, LCD and the Canon Toshiba owned SED.
Field emission display (FED) technology was invented in the 1970s as a possible alternative to the traditional cathode-ray tube.
Sony said it and Tokyo-based Technology Carve-out Investment Fund (TCI) would invest a total of $21.7 million in the venture, which will start operations this week with about 30 employees.
Sony will take a 36.5 percent stake in the venture with TCI investing the remaining 63.5 percent.