Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Businesses Sony

Samsung Buys Sony's Stake In LCD Joint Venture 38

Posted by samzenpus
from the all-your-lcds-are-belong-to-us dept.
First time accepted submitter rtoz writes "Samsung Electronics has decided to buy out Sony's entire stake in their Liquid Crystal Display (LCD) joint venture. S-LCD Samsung will pay Sony 1.08 trillion won ($939m; £600m) in cash for Sony's entire stake (50% – 1 shares) in S-LCD Corp., a venture formed in 2004 to make TV panels. After acquisition, Samsung Electronics' stake in S-LCD will be 100%. The move comes as Sony has been restructuring its TV business, which has been making a loss for the past seven years."
This discussion has been archived. No new comments can be posted.

Samsung Buys Sony's Stake In LCD Joint Venture

Comments Filter:

Dreams are free, but you get soaked on the connect time.

Working...