Samsung invests €84m in Sharp LCDs

Samsung is to invest 10.4 billion yen (€84.4m) in Sharp to secure a supply of large-size LCD panels.

Samsung invests €84m in Sharp LCDs
Wed, 06 Mar, 2013 - 09:57

Samsung is to invest 10.4 billion yen (€84.4m) in Sharp to secure a supply of large-size LCD panels.

The agreement gives the South Korean company a 3% stake in Japan’s Sharp and a supply of LCD panels for televisions. Samsung said in a statement that the investment will help strengthen Sharp’s LCD panel business.

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