Enter your email address:

Delivered by FeedBurner

feedburner count

Sharp and Sony Finalize LCD Joint Venture in Osaka

Labels: , ,

Back in March, we heard about this deal and now it looks like it's final. Sony and Sharp have finally reached the "final agreement to launch an LCD panel joint venture in Osaka, after having failed to ink the deal last month." This factory will be focusing on their mid-sized 32-inch models and this joint venture will start in March 2010 in Osaka.

Sharp will start operating a plant for the production of LCDs on its own in October. The subsidiary is to be turned into a joint venture by March 2010. Sony is expected to take a 34% stake and cover 34% of the $4 billion total cost. In return, the company will get some of the LCDs produced in the Sharp plant in Osaka (and another one in Southern Japan).

[Crunch Gear]


Post a Comment