Samsung to buy 3% stake in Sharp for $112 million

[Jos]

Sharp has confirmed it will be receiving a 10.4 billion yen (around $112 million) investment from Samsung for a 3% stake in the company. The two have done business in the past but this deal will further strengthen that relationship, ...

[newwindow="https://www.techspot.com/news/51857-samsung-to-buy-3-stake-in-sharp-for-112-million.html"]Read more[/newwindow]

 

[misor]

This is good news and bad news.
good because newer technologies could reach mainstream in the soonest possible time. a korean technology behemoth married to a Japanese technology giant,
bad because market dominance almost equal greed.

in the distant past, at least in stores nearby, sony dominated the tv and other entertainment appliances market. it demanded a great premium price over its competitors.

then Samsung came as a low cost, seemingly inferior product, oftenly laughed at product exhibits. but now (or at least in the past 5 years or so in my neighborhood) Samsung overcame its bad impression and became the top dog. and still is. and has now the premium price over its closest competitions.

 

[Jay Pfoutz]

Samsung has had some trouble lately. I hope this investment is not a shot in the dark. Otherwise, I'll call the copycatting and reckless investments bad business moves and stare frightened at the future of the company.

 

[RzmmDX]

I thought that Apple was ordering new displays from Sharp since the Samsung-Apple lawsuit.