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Posted by on Mar 7, 2013 in Samsung, tech news | 0 comments

Samsung Acquires 3% Of Sharp

Samsung Acquires 3% Of Sharp

Samsung agrees to acquire an equity stake in Japanese Tech Company Sharp.  Samsung will buy 3% or $112 Million stake in Sharp.

In the deal Samsung will receive LCD panels for TVs and Smart Phones.  This will help Sharp who has been trying to restructure its operations as the company struggles financially.