Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Showcases new Windows 10 Devices At Computex 2015
Corning's new Eagle XG Slim glass In Just 0.4mm Thick
Plextor At Computex 2015
Samsung Mobile Payment System Coming In September
Toshiba Partners with Microsoft to Deliver New Internet of Things Solutions
Kingston Releases USB Type-C Flash Drive
AMD Targets Notebooks and All-in-Ones With 6th Generation A-Series Processor
Computex: Micron Announces New High-Capacity, 16nm Triple-Level-Cell NAND
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sharp a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 27, 2011
Sharp and Sony Amend Agreement Regarding Large-Sized LCD Panel Production


Sharp and Sony decided to amend their agreement executed in July 2009 to establish Sharp Display Products Corporation ("SDP"), a joint venture, to produce and sell large-sized LCD panels and modules.

Under the original JV Agreement, Sony was to make additional capital injections to SDP, resulting in a maximum 34% ownership by Sony of SDP by the end of April 2011, subject to certain conditions set forth in the JV Agreement. Sharp and Sony have now agreed to amend the JV Agreement to suspend those contributions and plan to continue to discuss any future contributions by Sony to SDP until the end of March 2012.

On July 1, 2009, Sharp transferred its LCD panel plant in Sakai City, Osaka Prefecture, to SDP. On December 29, 2009, Sony invested 10 billion yen into SDP in exchange for new shares issued by SDP to Sony (at which time Sony owned 7.04% of the shares in SDP) and, as a result, SDP became a joint venture company of Sharp and Sony on that date. Sony has made no further investment to date.

No material impact from this amendment is anticipated on Sharp's consolidated financial results for the fiscal year ending March 31, 2012 and beyond, Sharp said.

"Any impact as a result of this amendment on Sony's consolidated financial results for the fiscal year ending March 31, 2012 and beyond is currently being assessed," Sony said. There is no material impact on Sony's consolidated financial forecasts for the fiscal year ended March 31, 2011 as a result of this amendment.


Previous
Next
Google Responds To MPEGLA With Trough The WebM Community Cross-License Initiative        All News        Elpida Ramps Up Production of 30nm DRAM
Google Responds To MPEGLA With Trough The WebM Community Cross-License Initiative     General Computing News      Elpida Ramps Up Production of 30nm DRAM

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Delivers New Entry-level Professional Camcorder, New 4K Laser Projection Options And Professional Laser and Lamp Projectors
Sony to Acquire Optical Archive As It Enters The Data Center Storage Market
Sony Aims At Growth Phase on Games, Image Sensors
Sony to License Its LDAC Audio Technology
Sharp's AQUOS 4K NEXT TVs Add Subpixel To Boost Resolution To 8K
Sharp Aquos Crystal 2 And Crystal Xx Smartphones Released
Sharp Returns to Red, Announces Bailout
Sharp May Slash Capital
Optical Drive Makers Face EU Antitrust Fines
Sony launches New Xperia C4 and Xperia C4 Dual Smartphones
Camera Sensor And Playstation Sales Kepts Sony's Annual Profit High
Sony Raises Profit Forecast

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .