Samsung to buy 3% stake in Sharp for $112 million

042c2012 07 27 thumb286 Samsung to buy 3% stake in Sharp for $112 million

Sharp has confirmed it will be receiving a 10.4 billion yen (around $112 million) investment from Samsung for a 3% stake in the company. The two have done business in the past but this deal will further strengthen that relationship, with the struggling Japanese electronics maker committing to provide LCD…

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Samsung to buy 3% stake in Sharp for $112 million

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