Samsung intends to invest in Sharp

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POSTER: computer news   ||   SAMSUNG INTENDS TO INVEST IN SHARP	DATE:2013-03-06
Today  Samsung may take over from financial investments approximately $ 107 million in exchange for a 3% stake in the Japanese corporation Sharp. This will make Samsung's fifth-largest Sharp shareholder  and the largest among non-institutional investors. Samsung will receive from Sharp LCD panels for their TVs and mobile devices, and Sharp through this cooperation will increase the degree of utilization of its Japanese factories.  Reduced production of components for the iPhone 5 is already painful  to Sharp.  Thus, the rather unexpected alliance Samsung and Sharp can be beneficial to both parties.  Note that the future of the deal between Sharp and Foxconn should be determined before 26 March  this year.   As later confirmed by an official press release, Sharp will actually receive from Samsung funds totaling $ 112 million in exchange for a 3.08% stake in the Japanese corporation.  Koreans will be granted shares of the new issue.  This deal, will strengthen the relationship with Samsung, which receives from the Japanese company's LCD panel: large - for television technology, small and medium size - for laptops, smartphones and tablets. Related Products :

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