2020-03-25

NEC and Sharp Announce Joint Venture to Combine Display Solution Businesses

NEC and Sharp announced that they will combine NEC Display Solutions (NDS) with Sharp to create a joint venture to leverage their strengths to advance display technology development. Sharp will obtain over 66% share of NDS with JPY 9.24 billion (US$ 82.96 million). The transfer is scheduled to be concluded on July 1st, 2020 and the joint venture will continue to provide NEC branded products. Hisatsugu Nakatani, President, NEC Display Solutions, said, "This joint venture between Sharp and NEC Display Solutions will bring even greater valu...
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