Retail in Asia

In Trends

Sony to develop next-generation TV with Taiwan firm

Sony Corp. is arranging to develop a next-generation television with an organic electroluminescent display with AU Optronics Corp. of Taiwan, sources said on Wednesday.

The TV will likely take several years to hit the market even if the development proceeds smoothly, the sources said. Sony is trying to catch up with South Korean rivals like Samsung Electronics and LG Electronics, which lead others in development of the product.