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Samsung has invested $110 million (10.4 billion JPY) in Sharp’s LCD-making business in a move that could impact Apple’s supply of iPhone and iPad screens. The Korean giant secured itself 3.08% of the voting rights in Sharp, with the Japanese company issuing new shares through a third party allotment to Samsung Electronics Japan.
At the same time, Samsung has established a capital alliance with Sharp to “continuously provide a long-term, stable and timely supply” of LCD panels for mobile devices, tablets, laptop computers and TV sets.
Aside from Apple, Sharp is also supplying its LCD panels to Samsung and other smartphone and tablet makers (as well as manufacturers of computers and TVs).
It’s still unclear how this alliance could impact Apple but it’s likely Samsung will want to have as many tools as possible at its disposal to win in the smartphone game. We’ll let you know as soon as we hear something new to add to this story…
[Via: MobileWorldLive]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
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