Sharp invested 9.24 billion yen to purchase equity of NEC subsidiary to expand 8K + 5

Sharp announced on March 25 that it would invest 9.24 billion yen (about NT $2.53 billion) to acquire about 66% of the equity of NEC display solutions (NDS), a subsidiary of NEC, and become a subsidiary of sharp. Both parties are expected to complete their work on July 1.

Sharp pointed out that the main layout of NDS is LCD panel, professional projector, digital camera and related solutions. At the same time, sharp also actively layout LCD panel, electronic whiteboard, professional projector and 8K related equipment. From the perspective of market, NDS targets European and North American markets, and sharp has advantages in Japanese market. Sharp believes that both sides can complement each other and cooperate to produce comprehensive effects.

Sharp pointed out that after the acquisition, NEC group will still hold about 34% of the shares of NDS. Sharp will also jointly operate NDS with NEC group, actively expand LED display and 8K + 5g ecosystem through joint nds.

In the display patent layout, sharp has more than 10000 display related patents in the United States, China, Japan and other countries. The patent portfolio covers a number of core display technologies, including indium gallium zinc oxide semiconductor (igzo), UV induced multi region vertical alignment (uv2a), low temperature polycrystalline silicon (LTPs), multi primary color display (MPC), heteromorphic screen cutting (FFD), polymerization PSA and high quality display technology