14 DAY TRIAL // Looks like another one of those famed transactions has happened or will happen, this once between Samsung and Sony.
The two companies used to work on the S-LCD joint business, and technically still do.
Now, though, Samsung has decided to assume ownership of the whole thing, which means it has to pay Sony quite a bit of money.
For those who want numbers, Sony is getting $940 million (710 million Euro, give or take) in exchange for its stake of 50%.
Sony, for its part, has agreed to call upon Samsung's services for when it needs LCDs, at market price. It will also collaborate with its partner in terms of research and engineering.
January 2012 is when the deal will close, assuming it is approved by regulating authorities. Once that is done, factory costs and manufacturing matters will be Samsung's headache alone.