Sharp and joint venture stop making Sony LCD

KOMPAS.com - from the year 2009, Sony and Sharp joint venture has been in the business of the LCD screen. However, recent news mentions two large companies that have decided to secede.

The decision to stop cooperation was also after the termination of business cooperation between Sony and Samsung Electronics. The companies of the Association the two form a joint venture to produce television of liquid crystal (LCD) display.

Special with Sharp and then Sony's 10 trillion yen or 1.2 pledges trillions of dollars to Sharp. On the upside, Sony will take approximately 7 percent stake in sustained.

However it was not as smooth as precisely as predicted by the LCD business joint venture. Not to mention the television business had begun to leave the LCD and have changed to a diode to emit light (LED).

Sony decided to terminate the contract and choose to resell existing in Sharp actions. Although they will get funds from the sale of the shares of Sharp, these funds will not affect the financial statements benefit especially in the fiscal year in this quarter.

With the sale of the shares of Sharp, leadership of the CEO of Sony Kaz Hirai was at stake, particularly revitalizing the Sony business forward, in the middle of a decrease in performance. In addition, Sony also recently made a termination of employment (job cuts) in approximately 10,000 employees.

Furthermore, Sony is also rumored to you have formed an alliance with Panasonic for the OLED display business.


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