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  Japanese Electronics Companies Matsushita, Toshiba Tie-up in Cathode Ray Tubes
Time: 12:04 EST/17:04 GMT | News Source: Silicon Valley | Posted By: Fred Fernandez

Matsushita Electric Industrial Co. and Toshiba Corp. are combining their cathode ray tube businesses to cope with intensifying price competition, the Japanese electronics makers said Thursday.

The alliance comes on the heels of a separate joint venture in liquid crystal displays in April. A cathode ray tube is a vacuum tube that is used as a picture tube in a television set.
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