Japan's Sharp to take 14% stake in Pioneer
TOKYO (Reuters) - Japanese electronics maker Sharp will buy about $357 million (178 million pounds) worth of new shares from Pioneer and work with its loss-making rival in developing DVD players, car electronics and displays.
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Sharp is one of the world's top makers of liquid crystal display (LCD) TVs, competing with Sony Corp and Samsung Electronics, while Pioneer is a producer of plasma display televisions, audio equipment and car electronics.While Sharp is one of the strong players in the fast-growing flat TV market, Pioneer has been losing money because it lacks the scale to make its products as efficiently as Matsushita Electric Industrial or LG Electronics.
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The two companies said they would work together on the development of next-generation DVD players, network-related products for the home, car electronics and imaging and display technology.
Λέτε στο μέλλον να δούμε και Pioneer LCD ? :chinscratch:
TOKYO (Reuters) - Japanese electronics maker Sharp will buy about $357 million (178 million pounds) worth of new shares from Pioneer and work with its loss-making rival in developing DVD players, car electronics and displays.
..........
Sharp is one of the world's top makers of liquid crystal display (LCD) TVs, competing with Sony Corp and Samsung Electronics, while Pioneer is a producer of plasma display televisions, audio equipment and car electronics.While Sharp is one of the strong players in the fast-growing flat TV market, Pioneer has been losing money because it lacks the scale to make its products as efficiently as Matsushita Electric Industrial or LG Electronics.
..........
The two companies said they would work together on the development of next-generation DVD players, network-related products for the home, car electronics and imaging and display technology.
Λέτε στο μέλλον να δούμε και Pioneer LCD ? :chinscratch: