Friday, September 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Foxconn's Sharp to Invest $570 Million on Flexible OLED Panel Production
Google Apps for Work Become Smarter, Part Of New G Suite
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
Micron Opens Fab 10 Singapore NAND Flash Memory Fabrication Facility
Qualcomm in Talks to Buy NXP
Microsoft Creation New Artificial Intelligence and Research Group
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 > Europea...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 25, 2012
European Commission Clears Acquisition of Stake in Sharp Display By Hon Hai


The European Commission (EC) has cleared under the EU Merger Regulation the proposed acquisition of joint control over the Japanese producer of LCD panels Sharp Display Products Corporation (SDP) by Sharp Corporation of Japan and Hon Hai of Taiwan.

SDP is currently solely controlled by Sharp. The EC concluded that the parties' market shares would remain modest and that they would continue to face significant competition.

The commission examined the competitive effects of the proposed acquisition, notably in the markets for the provision of electronic assembly services to Original Equipment Manufacturers (OEMs) and the supply of LCD TV panels.

The commission found that there will only be a minimal overlap between the activities of Hon Hai and Sharp in the markets for the provision of electronic manufacturing services.

LCD TV panels produced by SDP can be used by Hon Hai as an input when providing electronic manufacturing services to OEMs. However, the commission found that while SDP currently supplies LCD TV panels exclusively to Sharp, it will be supplying independent third parties as well after the acquisition. "Thus, the proposed transaction will actually lead to SDP also being active on the merchant market and therefore to increased access to LCD TV panels for the competitors of Hon Hai," the EC said. "Moreover, other TV manufacturers and providers of electronic manufacturing services will continue to purchase LCD panels from SDP's competitors, who will therefore continue to have access to a sufficient customer base. In addition, Hon Hai generally purchases LCD panels at the direction of its OEM customers, who will remain free to direct Hon Hai to purchase LCD panels from other suppliers."

The commission therefore concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.


Previous
Next
Google Nexus Tablet Details Leak        All News        Wafer Fab Equipment Spending to Decline in 2012
Acer Debuts 6,000 Lumens Single Lamp Projector     Consumer Electronics News      Sony's Network Media Player Powered by Google TV Arrives in July

Get RSS feed Easy Print E-Mail this Message

Related News
Foxconn's Sharp to Invest $570 Million on Flexible OLED Panel Production
Foxconn Completes Sharp Acquisition
Foxconn's Wu Becomes Sharp's New President
Hon Hai To Jointly Develop TVs With Sharp
Sharp's RoBoHoN Phone Goes On Sale
Sharp Showcases Flexible OLED Panel
Hon Hai, Sharp Sign Takeover Deal
Hon Hai Group To But Majority Stake Of Sharp For 388.8 Billion Yen
A Sharp - Foxconn Deal Is Near
Foxconn To Lower Offer For Sharp: report
Sharp, LG Display And Japan Display Could Supply OLEDs For Future iPhones
Talks Between Sharp And Foxconn Continue

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .