Samsung Secures Sharp LCD Supply With $112 Million Investment

Sharp has this morning announced a ¥10.4 billion ($112 million) investment from Samsung that will provide the latter with a 3% stake in the company. It makes Samsung the biggest individual shareholder in the Japanese display maker, and secures its access to Sharp’s LCD panel supplies.

The investment comes at a time when Sharp has been struggling. The company received a $4.4 billion bailout from the banks in October 2012, and its iPad display orders from Apple were recently cut as consumer demand shifted to the smaller iPad mini, which Sharp is not involved with.

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NEC Unveils The Medias W, A Folding Smartphone With Two 4.3-Inch Displays

Aside from slightly different form factors, today’s smartphones all look pretty similar; they have large displays that take up the majority of the space, and just a few physical buttons. But NEC is hoping to throw something different into the mix. The Japanese company has today unveiled the Medias W N-05E, a folding smartphone that has two 4.3-inch displays.

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