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Samsung locks up Sharp as long-time screen provider

2013-03-06 15:33:05| InfoWorld: Top News

Japan's Sharp has secured a $110 million lifeline investment from Samsung Electronics, and agreed to become a major supplier of screens for the South Korean company's growing electronics empire. The deal gives Samsung a steady supply of screens and deals a possible blow to chief rival Apple, which has long been a major customer of Sharp. Sharp gains a massive customer in Samsung, the world's largest maker of mobile phones and smartphones.

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