Seeking Alpha

Sharp culls prospect of copier JV with Samsung

  • Sharp (SHCAY.PK -0.8%) ends talks with Samsung to create a copier joint venture, according to Kyodo.
  • The decision comes as Japanese firms like Canon have opposed the move due to concerns that key technology would fall into the hands of Samsung. The potential JV was a diet version of Samsung's original intent. The Korean giant's offer to acquire Sharp's copier business was rebuffed in March.
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