NEC Corporation and Thomson Multimedia intend to combine each company's plasma display technologies. The plasma displays consist of display panes, modules and monitors. The companies are pinning their plans of an equal worldwide research and development, sales and manufacturing joint venture on a memo of understanding.
The R&D program will cover all aspects of plasma display panels and modules. Patents resulting from this program will be equally owned by both companies. And under the agreement, the companies will have access to the existing plasma display-related patents each holds.