Sharp to form LCD biz alliance with China Electronics Corp

Wednesday, 3 July 2013 00:01 - - {{hitsCtrl.values.hits}}

Reuters: Japan’s Sharp Corp said recently it will form a liquid crystal display panel business alliance with China Electronics Corporation to manufacture panels for televisions, notebook PCs and tablets. Sharp, a struggling Japanese panel maker which was rescued by its banks last October, said it will hold an eight percent stake in the LCD joint venture while its Chinese partner will hold the remaining 92 percent stake. The two companies will invest 17.5 billion yuan ($2.9 billion) into setting up the company, Sharp said.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.