Sony (SNE) and AU Optronics (AUO) are reportedly in talks to create a JV that would produce OLED...

|About: Sony Corporation (SNE)|By:, SA News Editor

Sony (SNE) and AU Optronics (AUO) are reportedly in talks to create a JV that would produce OLED TVs. The JV would represent competition for Samsung (SSNLF.PK) and LG, and would be music to the ears of OLED technology developer Universal Display (PANL), which surged yesterday on positive Goldman comments.Sony recently exited the OLED TV market, which remains a niche for now due to high panel costs.