In the 12 months to end March 2012 the company lost JPY 376 billion (USD 4.8 billion), largely attributable to its over-investment in money-losing liquid crystal television production and sales.

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It is in talks with Hon Hai for a planned tie-up in liquid crystal display (LCD) production.

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This will include expanding production lines to manufacture ultra-high resolution liquid crystal display (LCD) and organic light emitting diode (OELD) display panels.

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Amid disputes whether the late Steve Jobs would have approved of the product, WSJ.com reported that LG Display and AU Optronics began mass production of what will be the 7.85-inch liquid crystal display.

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