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Sharp accepts Samsung's $111M offer

Posted: 08 Mar 2013  Print Version  Bookmark and Share Subscribe 

Keywords:smartphone  LCD 

[Summary of tips] Sharp Corporation announced Wednesday that it has agreed to receive capital investment to the tune of about $ 111 million from Samsung Electronics. The investment will not only grant Samsung a 3.08 per cent stake but will also establish the South Korean giant as Sharp's fifth largest shareholder, ahead of Qualcomm, which prior ......
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