Top Popular
  • Tech
    • Computing
    • Software
  • Phones
  • Gaming
  • Entertainment
    • Movies
    • Music
    • Travel
  • Science
    • Health
  • Top Lists
Subscribe
  • GTA 5 Cheats
  • Nintendo Switch 2
  • Xbox Game Pass
Wednesday, May 21, 2025
Top PopularTop Popular
Font ResizerAa
  • Tech
  • Phones
  • Gaming
  • Entertainment
  • Science
  • Top Lists
Search
  • Tech
    • Computing
    • Software
  • Phones
  • Gaming
  • Entertainment
    • Movies
    • Music
    • Travel
  • Science
    • Health
  • Top Lists
Follow US
Tech

Sony Sells LCD Venture Stake to Samsung

Top Popular
Last updated: Sep 23, 2013 1:11 pm
Top Popular
Share
SHARE
Sony Samsung
Sony Samsung

Samsung buying Sony’s 50 percent stake in LCD venture.

Samsung and Sony are splitting up their LCD panel joint venture, the companies announced. Samsung will pay 1.08 trillion won ($935 US million) in cash for Sony’s stake in S-LCD Corp., a venture formed in 2004, the Suwon. Concurrently, the two companies have entered into a new strategic agreement for the supply and purchase of LCD panels with a goal of enhancing the competitiveness of both companies. The agreement also allows Sony and Samsung to continue cooperative engineering efforts focused on LCD panel technology. In the near future, Sony will have access to a “flexible and steady supply” of S-LCD Corp.’s panels from Samsung (at market prices, of course) without having to maintain and operate its own manufacturing plant. The share transfer and payment are targeted to close by the end of January 2012, subject to necessary approvals from regulatory authorities.

TAGGED:Samsung
Share This Article
Facebook Copy Link Print

Let's Connect

304.9kLike
3.04MFollow
304.9kPin
844.87MFollow
40.49MSubscribe
39.5kFollow

Latest Posts

Oscars 2025

Where to Watch the Oscars 2025: An In-Depth Guide to Viewing the 97th Academy Awards

Top Popular
6 Min Read
The Ones Who Live Season 2

The Ones Who Live Season 2: How It Expands The Walking Dead Universe

Top Popular
8 Min Read
Putlocker Alternatives

Top Putlocker.to Alternatives That Actually Work in 2025

Top Popular
6 Min Read
123moviesla

123moviesla: Safest alternatives to 123Movies in 2025

Top Popular
7 Min Read

You Might Also Like

TechTop Lists

Top 10 Laptop Brands

4 Min Read
Sony Xperia S
Tech

Next Generation Smartphone: Sony Xperia S

1 Min Read
Tech

Windows 8 Enterprise 90-Day Legal Trial Version Released

1 Min Read
PhonesTech

Is 128GB “A Lot of Storage”? Apple new iPhone 15 ad

2 Min Read

Social Networks

Facebook-f Twitter Gitlab Youtube Medium Rss

As Seen On

Top Popular
Top Popular
Top Popular
Top Popular

Top Popular News

Top Popular
Top Popular
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?