14 DAY TRIAL // Sharp already has a solid grounding in the display industry, but more investments always help, which is why it didn't have any trouble letting Samsung make one.
Indeed, Samsung is passing 10.4 billion yen to the liquid crystal display manufacturer. That sum is the rough equivalent of $111.6 million and 85.4 million Euro.
Coincidentally, this makes Samsung the biggest individual shareholder that isn’t a financial institution, and the fifth-largest shareholder overall.
That is odd since it only provides a 3% stake in the total Shares. Sharp's shares really are stretched thin.
Samsung made this move because it wants to make sure it doesn't run out of notebooks and tablet displays any time soon.
After all, though it makes 4K Blu-Ray Players and other consumer electronics, laptops, tablets and, especially, smartphones remain the primary revenue source, and they all need displays, which Sharp can provide.