Thursday, September 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM and ARM Collaborate to Accelerate Delivery of Internet of Things
LG To Offer Amazon Titles In HDR On webOS Smart TV Platform
Qualcomm Details New Snapdragon 820 and Kryo CPU
IFA: Samsung Launches The "HumanFit" Wearable Platform
Panasonic To Showcase New Technics Products And THX-Certified OLED TVs At IFA
NHK To Showcase First 85-inch 8K LCD With HDR at IBC 2015
This Is The New Moto 360
Lenovo Yoga Tablets Feature A Built-in projector, New Phab Smartphones Look Impressive
Active Discussions
How to back up a PS2 DL game
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
 Home > News > Consumer Electronics > Sharp a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 28, 2012
Sharp and Sony Amend Agreement Regarding Joint Venture to Produce and Sell Large-Sized LCD Panels and Modules


Sharp and Sony have agreed to further amend the joint venture agreement originally executed by the parties in July 2009, as amended in April 2011, for the establishment and operation of Sharp Display Products Corporation (SDP), a joint venture to produce and sell large-sized LCD panels and modules.

The companies discussed possible further contributions by Sony to SDP, but they have agreed that Sony will not make additional capital injections to SDP. The parties have also agreed to set a new time period, up to the end of September 2012, to permit study of the future direction of the joint venture, including with respect to the treatment of the shares that Sony has in SDP (7.04% of all issued shares) and possible purchases of large-sized LCD panels and modules. Under the March 2012 amendment, Sony may require that Sharp acquire all of Sony's shares in SDP, even before the end of September 2012, upon the occurrence of certain events such as a transfer by Sharp to any third party of some or all of the shares that Sharp has in SDP.

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 (representing 7.04% of the issued shares in SDP) and, as a result, SDP became a joint venture company of Sharp and Sony. Since then, Sharp and Sony have continued discussion about possible further contributions by Sony to SDP.


Previous
Next
PlayStation Home Launch New games        All News        Opera Mini 7 For Android Released
LG Begins Mass Production Of e-paper Display     Consumer Electronics News      Samsung Expands Home Audio Business With New Products

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Unveils Its New Products at IFA 2015
Sony Launches Remote-speaker Hybrid
Sony to Offer Drone Services
Sharp In Talks With Hon Hai On tie-up: report
Sony introduces next generation SmartBand 2
Sony's Midrange Xperia C5 Ultra and M5 Smartphones Come With Strong Cameras
Sharp to Exit Americas TV Market
Sony Profit Rises Following Demand For Mobile Cameras
Android Lollipop Rolls For the Xperia Z3 and Xperia Z2 Series
Sony Mobile and ZMP to Develop Enterprise Solutions that Utilize Autonomous Unmanned Aerial Vehicles
Sharp Plans to Release Transparent LCDs
Sony's New Wireless Speakers Available In The U.S.

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 .