Sony formally quits Sharp LCD joint venture, takes back every yen it invested

After Sony cut off its supply of capital to the ill-fated Sakai production plant that it jointly owns with Sharp, it became clear that the final goodbye may be little more than a formality. And here it is, in the form of a cold, resolute press release stating that Sony is selling its seven percent stake back to Sharp and taking back the 10 billion yen ($126 million) it originally invested.

2DayBlog.com, Sony formally quits Sharp LCD joint venture, takes back every yen it invested