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Major Electronics Producer Sharp Forms Capital Alliance with Korea’s Samsung

Japanese electronics maker Sharp has in recent years seen a slump in sales. What is arguably required for the company to remain afloat in this tough consumer market  is a change in business strategies. As one of Japan’s most renowned sellers of liquid crystal displays, Sharp is hastily searching for ways to revamp its administration.

First there was talk of a possible alliance between Sharp and Taiwanese major electronic company Hon Hai Precision Industry Co., Ltd. However, coming to a deadlock in investment negotiations, Sharp changed course by forming an alliance with a company that was arguably up until now its biggest competitor on the market, South Korea’s Samsung Electronics Co. It was announced this week that a capital alliance between the two companies is in its final stages of negotiation.

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Samsung Fights to Expel Dr. Dre’s Headphones From the Olympics

It must be hard to be an Olympic athlete with all that pressure to perform with the eyes of the world watching you and asking you to do your very best in that one moment.  Not to mention that most of them are far from home in a strange land with strange customs.

For many, the best way to relax the mind and get reconnected to your homeland is by music.  And there’s no better way to deliver this acoustic tranquilizer than through a pair of the increasingly popular brand of Beats by Dr. Dre headphones.  Unfortunately, electronics giant Samsung wants to take those away from the athletes.

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