FET- FED Factory Aquisition Plans On Hold
Bad news from Field Emission Technologies. Plans to acquire the Pioneer plasma TV factory in Kagoshima, Japan have been put on hold due to difficulty in securing financing.
FET, set up in 2006 between Sony and investment fund Technology Carve-Out Investment LLC to develop ultra-thin displays, had originally planned to buy Pioneer’s factory by the end of March 2009.
Full unpleasant story at: Reuters.com
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Tagged With FED TV News, FET, field emission technologies, Sony
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