OSAKA -- Sanyo Electric Co. and IBM have developed a new semiconductor for home appliances that can be connected to the Internet, Sanyo officials said Monday.
A huge market is expected to develop for appliances such as TV sets and telephones that can access the Internet, and electronics makers are rushing to develop the necessary new chips.
Sanyo and IBM hope to grab a large share of the market by strengthening technical ties and jointly developing other chips, the Sanyo officials said.