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Sony and Sharp Announce Amendments to JV Agreement

Sharp and Sony have announced today that they have entered into a joint venture to produce and sell large-sized LCD panels and modules. This venture is an extended version of their original JV agreement. The JV Agreement was originally made to have Sony make additional capital injections to SDP, which would result into a maximum of 34% ownership in April 2011. The new joint venture will suspend these injections and allow the two companies to discuss any future contributions until March 2012.

[via Sony]

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