Sony gives to Samsung its shares in joint venture for the manufacture of slabs...
Samsung and Sony have announced the end of their joint venture (S - LCD Corporation) established in April 2004 designed LCD screens and allowed the two giants to control their slabs supply and the cost thereof. Samsung contributed 671 million euros to acquire the shares of Sony, or a little less than 50%.
Following this agreement, Samsung will continue to provide to Sony for its LCD TVs slabs. Sony said that he will continue to control its supplies without having to manage the expensive production lines. The regulatory authorities currently evaluate this operation should be validated before the end of the month of January 2012.
Reminder, the competition is such on the market of the LCD TV that few are manufacturers succeed taking profits now. A tense situation which we return there is little in the article "flat panel televisions are more recipe", and that probably explains this Sony decision to opt out of the production of slabs for its Bravia televisions.
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