Hitachi, Ltd. (NYSE:HIT/TSE: 6501) and Matsushita Electric Industrial Co., Ltd. (NYSE:MC/TSE: 6752), best known for its Panasonic brand products, announced today that they will be joining forces to develop and expand the plasma TV market under an agreement that calls for all-around collaboration in moving forward with the plasma display (PDP) business.
Hitachi, Ltd. (TSE: 6501 / NYSE:HIT), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 326,000 employees worldwide. Fiscal 2003 (ended March 31, 2004) consolidated sales totaled 8,632.4 billion yen ($81.4 billion).
Hitachi, Ltd. (NYSE:HIT/TSE:6501) today announced that it has reached an agreement with Fujitsu Limited (TSE: 6702) regarding acquisition of Fujitsu Hitachi Plasma Display Limited (FHP) stock owned by Fujitsu.
An international team announced it has discovered a new physical phenomenon, the Spin Hall Effect, in an ultra-thin conducting layer embedded within a semiconductor chip.
Tokyo, December 29, 2004 ---Hitachi, Ltd. (TSE:6501) has decided to donate a total of 20M yen in disaster relief in the Disasters Caused by the Large-scale Earthquake off the Coast of Sumatra, Indonesia, and the Tsunami in Neighboring Countries. Details and allocation of the funds will be determined upon confirmation of conditions in the various disaster areas.
Hitachi, Ltd. (NYSE:HIT / TSE:6501) announced that it will repurchase its own shares from subsidiaries as follows:
Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that the Hitachi Group has completed details of its planned pavilion at The 2005 World Exposition, Aichi, Japan, to be called "Nature Contact- Hitachi Group Pavilion's Ubiquitous Entertainment Ride" ("Hitachi Group Pavilion").
Hitachi, Ltd. (NYSE:HIT / TSE: 6501, "Hitachi"), Toshiba Corporation (TSE: 6502, "Toshiba"), Matsushita Electric Industrial Co., Ltd. (NYSE: MC / TSE: 6752, "Matsushita") and wholly owned Hitachi subsidiary Hitachi Displays, Ltd.
Financial Results for the Half Year Ended September 30, 2004.
Hitachi, Ltd. (NYSE:HIT / TSE:6501) President and Chief Executive Officer Etsuhiko Shoyama today made a speech entitled "Hitachi's Global Alliance Strategy and Agile Management" at Shanghai Forum 2004 International Entrepreneurs in Shanghai, China. The event was hosted by the Shanghai Municipal Economic Commission.
