Friday, November 27, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
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.

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 CEO dismisses Chip Development Rumors
Sharp Considers Shutting Down Overseas TV Plants
Japan Display Open To A Possible Tie-up With Sharp
Sony a68 A-mount Camera Shipping With 4D FOCUS
Sharp In Talks With Companies Over LCD Business
Sony Returns To profitablity Following Strong PS4 Sales
Toshiba To Sell Image Sensor Business to Sony
Sharp Warns of Losses As Display Business Slide
Sony Introduces 4K Home Theater Projectors, ES Receiver at CEDIA 2015
Sony RX1R II Camera Packs A 42MP Back-Illuminated Full-Frame Image Sensor
Japanese Fund may Invest In Sharp: report
Sony Acquires Softkinetic Systems To Expand Its Image Sensor Offerings

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 .