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Print 5 comment(s) - last by Solandri.. on May 26 at 12:32 PM

Sharp Display Products to regain 100% control after sale

Sony and Sharp announced this week that their joint venture in producing and selling large-size LCD panels and modules will terminate. Sony will sell its shares in Sharp Display Products Corporation back to SDP. Sony owns about 7.04% of all stock issued in the company.
 
In exchange for selling the shares back to Sharp, Sony will get cash equal to its original investment of ¥10 billion.
 
The return of the stock and the cash payment to Sony will be completed by the end of June 2012. Sony made the original ¥10 billion investment in December of 2009, and at that point Sharp Display Products became a joint venture between Sharp and Sony.
 
Sharp expects no material impact on its financial forecast for the fiscal year ending March 31, 2013. Sony also expects no material impact on its own financial forecast set to end the same month.
 
Sharp Display Products already holds 92.96% of all stock in the company and purchasing Sony shares will bring its ownership up to 100%.

Source: MarketWatch



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Calling Apple?
By michael2k on 5/25/2012 2:37:23 PM , Rating: 1
There has been much speculation that Apple is highly interested in Sharp's IGZO process for it's high resolution iPad3 screen (as a means of increasing transmission efficiency, reducing the number of backlights, reducing the temperature, and reducing the size of the battery).

This sounds like a perfect opportunity for Apple to step in with a $1b of their own to secure a supply of these screens.




RE: Calling Apple?
By Solandri on 5/26/2012 12:32:02 PM , Rating: 2
Generally speaking, it's a bad idea for a company which sells finished products to own the parts manufacturers. It means you're beholden to one supplier for that part. If Apple owned part of Sharp's LCD production, they'd be financially obligated to use it even if it didn't produce the best panels.

Apple is better off doing what they do now. Scour the parts landscape for the best suppliers, and contract with them for a limited run of production. Next year, a different supplier may have better parts or a better price, and Apple is free to switch to them.

(Yes I'm aware Samsung contradicts what I just said. They're an exception though, and even they use some outsourced parts. Most finished product companies have switched to the outsourcing business model I just described. The days when Ford built every part of the car are long gone.)


Sony cut off its supply of capital
By sarfralogy on 5/25/12, Rating: -1
RE: Sony cut off its supply of capital
By WeaselITB on 5/25/2012 2:35:57 PM , Rating: 3
Wow, this is a very elaborate spam, almost to the point of coherency and relevancy to the topic ...

We're getting there, xkcd ... we're close ...
http://xkcd.com/810/


RE: Sony cut off its supply of capital
By B3an on 5/25/2012 3:18:48 PM , Rating: 2
Yeah it's spam. If you look at previous posts he's done it many times before, always linking to the same site. Yet no one at DT has bothered to ban the account.

I find it funny that right now some idiot has rated his post up, while yours has been rated down.


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