Monday, February 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Reveals Windows 10 on ARM Limitations
Fujitsu to Showcase Quantum-Inspired, Digital Annealer Computational Architecture at Mobile World Congress 2018
Investors and Consumers Sued Intel Over Meltdown and Spectre CPU Security Flaws
Belgian Court Fines Facebook Over Users Tracking
Beocreate 4 Channel Amplifier Will Make Your Vintage Speakers Smart
Qualcomm is Seeking for a Better Offer From Broadcom
Uber Introduces New Safety Features
Apple to Fix the Telugu Bug in iPhones
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
New Sony Back-Illuminated CMOS Image Sensor Enables Global Shutter Function
Sony Announces Pricing for X900F and X850F Series 4K HDR Ultra HD TVs
Music and TV Sales Fuel Sony's Record Third Quarter Profit, Hirai to Step Down
Sharp TV Sales Lift Company's Profit
Sony to Showcase New Creative and Technological Concepts at SXSW 2018
iPhone Assembler Hon Hai to Get OLEDs from Sharp
CES: Sony Presents New OLED TVs, Audio Products, Robot Car Image Sensors
Sony Unveils new Selfie Xperia XA2 and Xperia XA2 Ultra Smartphones
Sony Revives the AIBO Robot Dog
Sony Raises Earnings Outlook, as Camera Chips, TVs Fuel Recovery
Sony develops Remote-driven Electric Vehicle
Sony's New Full-frame α7R III Interchangeable Lens Camera Combines 42.4 MP Resolution and Speed

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .