Smart Photography India`s No 1 Imaging Magazine

Smart Photography India`s No 1 Imaging Magazine


  • HOME
  • News
  • Reviews
    • Cameras
    • Head-to-Head
    • Books
    • Monitors
    • Lenses
    • Smartphones
    • Software
    • Printers
    • Accessories
    • First Look
  • Contests
    • EISA Maestro
    • Picture of the Month
    • Smart Travel Contest
  • Tutorials
    • Ask Uncle Ronnie
    • Basics of photography
    • Camera Techniques
    • If I were You
    • Photoshop
    • Tips
  • PHOTOLOGUE
    • Kaleidoscope
    • Master Craftsmen
    • Showcase
    • Travel Photo-feature
  • Promotions
  • More
    • Buyer’s Guide
    • Subscription
    • Print Magazine
  • Advertise

Sharp to accept $108 million investment from Samsung

April 9, 2013 by spwordpress

Sharp Corp. has agreed to issue shares worth roughly 10 billion yen (US$108.7 million) to Samsung Electronics Co. of South Korea to raise much-needed cash.

The investment will give Samsung a roughly 3% stake in Sharp, effectively making it Sharp’s No. 5 shareholder overall and the largest, except for financial institutions.

Sharp already supplies LCD panels for 32-inch TVs to Samsung. Hit by Apple Inc.’s decision to reduce output of the iPhone 5, the capacity utilisation rate at Sharp’s main LCD panel plant in Japan has sunk under 50%. For Samsung, a capital tie-up with Sharp will enable it to hold down new investment in LCD panel operations by ensuring stable supply from its Japanese rival.

A year earlier, Sharp signed a capital tie-up agreement with Hon Hai Precision Industry Co. of Taiwan that would have given the Taiwanese company a 9.9% interest. But that proved unsuccessful as Sharp’s stock price plunged. Negotiations are on between the two companies to reach a decision.

Filed Under: News

MARCH 2023

Participate in EISA Photography Maestro 2023 Contest

Revealed… EISA Awards 2022-23

Chance to Get Featured

Interested in being featured in Smart Photography? Send us low-resolution versions of 12 to 20 of your best images, and stand a chance to exhibit your work in our Kaleidoscope, Showcase or Mastercraftsman section.

Email: sp@nextgenpublishing.net

MAGZTER Subscription Offer

  • Facebook
  • Instagram
  • Twitter
  • YouTube

EPSON EcoTank L8180

PHOTOLOGUE

Making memories, leaving footprints

Making memories, leaving footprints

June 28, 2021 By Sweta baruah

… Continue Reading

Wild and Free

Wild and Free

October 9, 2019 By Andrea Rodrigues

… Continue Reading

Scotland

Scotland

October 4, 2019 By SPEdit Team

… Continue Reading

More Posts from this Category

SPECIALS

Gorilla Glass: Scratch, Optics, and Everything in Between

Gorilla Glass: Scratch, Optics, and Everything in Between

August 10, 2021 By Sujith Gopinath

… Continue Reading

Exploring Odisha: The North-Central Expedition

Exploring Odisha: The North-Central Expedition

December 4, 2020 By Sujith Gopinath

… Continue Reading

More Posts from this Category

Copyright © 2023 · Smart Photography Magazine ·