Announcing a Joint Venture Between Sharp Corporation and NEC Display Solutions
Dear Valued Partners and Customers,
We are pleased to share that Sharp Corporation and NEC Display Solutions (NDS), a subsidiary of NEC Corporation, have announced a joint venture for the B2B display business. The venture is expected to be completed on July 1st, 2020, subject to it and the respective companies obtaining regulatory approval from the relevant authorities.
This relationship represents our deep and ongoing commitment to the B2B display business. Sharp and NDS are two market-leading brands in the production and development of visual solutions, and the Sharp-NEC joint venture will result in a wide range of synergies that we can pass on to you.
Additionally, this venture will add scale and efficiency for our combined product lines across the world, allow us to more competitively pursue emerging categories within the marketplace and combine the immense knowledge, skills and capabilities of both organisations.
Between now and when the joint venture is finalized, Sharp will continue to operate as it does now and will continue with business as usual within the current market climate. After completion, we will be in a position to communicate with you more about how this ground breaking venture will benefit your business and customers.
This is an exciting new chapter for our company. Sharp and NEC have mutual admiration and respect for one another along with a deep ethos in quality and innovation. Meanwhile, I look forward to sharing our plans for growth in the visual solutions market.
About Sharp Business Solutions MEA
Sharp Business Solutions MEA is a division of Sharp Middle East and Africa FZE that specializes in delivering innovative display solutions. The constant aim of Sharp is to provide professional displays and software solutions that increase collaboration and effective communication within the workplace, wherever that may be. We have analyzed the needs of our chosen demographic and work tirelessly to provide them with practical and innovative technologies at the very cutting-edge of science.