NEWS and REPORTS => World News => Topic started by: newswarrior on Dec 26, 2011, 11:02 PM
Title: Sony to sell LCD venture stake to Samsung for $940 million
(Reuters)
Post by: newswarrior on Dec 26, 2011, 11:02 PM
Reuters - Sony Corp has agreed to sell its nearly 50 percent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at its TV business.