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Sharp and Sony announce joint LCD venture

Posted in News by Conner Flynn on July 30th, 2009

Sharp LC-52SE94ULike two tech superheroes up against an awesome foe, Sharp and Sony have announced a joint venture today in an effort to produce and sell very large LCD panels. Looks like when December 29th rolls around, Sony will be pumping $105 million into Sharp Display Products in an effort to create a share split of 66-percent Sharp and 34-percent Sony.

The deal should be completed by March 10th of next year. The end result of their union will primarily be 32-inch LCD screens along with shouts of “Wondertwin powers, Activate!”.