Trade Resources Company News Samsung Might Purchase 3% of Sharp’s stakes

Samsung Might Purchase 3% of Sharp’s stakes

According to foreign media reports, South Korean electronics giant Samsung is running the final negotiation with Sharp, it might invest about 10 billion yen (about U.S. $ 107 million) and purchase a 3% stake of the latter.

Sharp, Sony and Panasonic and other Japanese consumer electronics companies have been in trouble, facing fierce competition from Asian rivals, including competition from Samsung.

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