Japanese consumer electronics maker Sanyo Electric Co Ltd plans to dissolve its
television development joint venture with Taiwan's Quanta Computer Inc, the
Nikkei business daily said on Saturday.

Sanyo and Quanta Computer, the world's largest contract notebook PC maker, said
in March 2006 they would set up a venture to make and sell flat TVs.

But shortly after the announcement, Taiwan's AU Optronics Corp agreed to buy
Quanta Computer's liquid crystal display (LCD) unit, Quanta Display, dealing a
blow to their cooperation even before the venture was established.

The two firms set up the TV joint venture, Sanyo Visual Technology, later in
2006 with a capitalization of 100 million yen ($937,300), but the scope of the
venture was limited to product development and joint procurement of parts and
materials.

The Nikkei said the announcement to end the venture, owned 81 percent by Sanyo
and the remainder by Quanta, is set for January 30.

A Sanyo spokesman said the company is studying a wide range of options to
expand its TV business, but nothing has been decided on the future of its joint
venture with Quanta Computer.

Sanyo, which has actively been shedding its non-core assets to focus on
mainstay operations such as rechargeable batteries, said on Monday it would sell
its mobile phone business to electronics maker Kyocera Corp for 40-50 billion
yen.