Sharp cooperates with China electronic Information Industry Group

Absrtact: Sharp and China Electronic Information Industry Group (hereinafter referred to as China Electronics) to cooperate. Yesterday, Sharp's board decided to set up a panel company with China Electronic joint venture in Nanjing. Industry insiders generally believe that for China electronics, this cooperation has solved its

Sharp and China Electronic Information Industry Group (hereinafter referred to as "China Electronics") to cooperate. Yesterday, Sharp's board decided to set up a panel company with China Electronic joint venture in Nanjing. Industry insiders generally believe that for China's electronics, this cooperation has solved its lack of technical support of the key problems, and for sharp, through technical authorization to obtain funds.

By agreement, China's electronics will have a 92% per cent stake in the new joint venture. The joint venture will build a state-of-the-art LCD panel factory, with the aim of producing a liquid crystal display panel for TVs, laptops and tablets starting in 2015.

For sharp why not in the Chinese market to build 10 generation line and choose 8.5 Generation line, home appliance analyst Liang that in the world only sharp in Japan has 10 generation line panel production line, sharp side does not want the most cutting-edge technology authorized to China electronics. For Chinese electronics, the 10 generation line means higher investment and greater risk.