DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
November 13, 2018 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 177 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Sony sells all of its S-LCD shares to Samsung

Posted on Monday, December 26 2011 @ 22:35:03 CET by


DailyTech reports Sony has exited its S-LCD joint-venture with Samsung by selling all of its S-LCD shares to the Korean electronics giant for 1.08 trillion won (US$939 million).
After some talk early last month about shaking up its LCD business unit, Sony has finally reached and signed agreements with Samsung in an effort to save its failing LCD TV branch.

Sony has been in the LCD TV business for eight years, and has had eight years of losses in a row. After realizing that this sinking ship was not producing (and likely will not produce) any annual profits, Sony began negotiating with Samsung on a buyout of its 50 percent manufacturing stake in their LCD joint venture, S-LCD Corporation, which was established in April 2004.

Now, Sony and Samsung have announced that they've signed agreements to change up their current S-LCD business relationship.




 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2018 DM Media Group bvba