December 26, 2011
Samsung to completely acquire S-LCD from Sony
The mighty alliance of display superpowers seems to have swung one way with Samsung completely taking the reigns in the S-LCD panels. With this move, Samsung claims that it can make ‘panel productions and business operations faster, flexible and efficient’. Come January 2012, you can expect the completion of this whole deal.
Samsung will be paying Sony a total of $940 billion for the transfer of the shares. That’s really heavy money.