Reuters: Technology News: Sharp to announce deal with Sony on Sakai plant

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Sharp to announce deal with Sony on Sakai plant Mar 28th 2012, 02:24 Tweet Share this Email Print Related News Sony: won't invest further in Sharp's Sakai plant 10:24pm EDT Analysis & Opinion Comic '21 Jump Street' leads box office Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Takashi Okuda, who has been named as Sharp Corp's new president, speaks during a news conference in Tokyo March 27, 2012. Credit: Reuters/Toru Hanai TOKYO | Tue Mar 27, 2012 10:24pm EDT TOKYO (Reuters) - Sharp Corp, which is in a partnership with Taiwan's Hon Hai Precision Industry on LCDs, said on Wednesday it will announce an agreement with Sony Corp at 11 a.m. (0200 GMT) on its main Sakai plant in Osaka. Sharp said on Tuesday it would sell a 46.48 percent stake in the Sakai plant to Hon Hai. Sony owns approximately 7 percent of Sharp Display Products Corp, which runs the Sakai plant. (Reporting by Mayumi Negishi; Editing by Michael Watson) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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