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Wednesday, 28 March 2012 - Sharp to announce deal with Sony on Sakai plant |
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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) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows 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. 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