Sony recently revealed plans that will end the company's pursuit of next-generation FED (Field Emission Display) development, according to a March 26 report by The Wall Street Journal. Field Emission Technologies, an FED joint venture in which Sony invested approximately US$10 million for a 40$ stake, is expected to be liquidated as Sony plans to pull out of the company. Sony made said decision as Field Emission Technologies reportedly requires a prospective funding of US$200 million to US$300 million to start mass production of the next-generation panel. In addition, it is reported that Sony has no further plan to resume FED development in the future.