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.





