[TTJDeals] The Ultra-Premium Mac Bundle
Dell and two other companies had initiated litigation against Sharp over its TFT business in Europe and North America. Now Sharp has decided to pay them.

Your take on Getting a SmartWatch?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

Dell had been actively pursuing litigation against Sharp over its TFT business in Europe and North America.  As it turns out, Sharp seems to have decided that taking the legal course may not be in the best of its interests and has rather decided to pay a whopping sum of $198.5 million to Dell and other two other companies.


The details of the case are rather obscure. One very likely possibility is that this case against Sharp is somehow linked to the accusations that surfaced a while ago, claiming that LG, Sharp, Chungwa Picture Tubes, Toshiba and Samsung had joined hands to fix LCD prices, something which was naturally against legal bounds.

In fact, ruling on these accusations have been quick as Toshiba was found guilty of the charges and has been asked by the court to pay $87 million in damages. Toshiba, however, has decided to continue its legal battle.

Its perhaps this that may have persuaded Sharp to settle the issue once and for all. According to the company, after ‘comprehensively considering the American civil justice system’, it has decided to go along the path of settlement. Whereas we do know Dell is one of the companies who will be receiving the settlement sum, the other two companies are unnamed.

However, all indicators point to the other two companies being Nokia and AT & T as both of them had also started legal action against Sharp. Sharp hopes to pay the settlement money by the end of March 2014 and then include it as quarterly loss.

Source: Sharp

Courtesy: The Verge

Buy Cheapest Related Product From Amazon.com


Street Artist Comes Up With Super Moonwalk [Video]

Bullet Train Is Coming To California
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On July 10, 2012(2 years, 8 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Our today’s tutorial is about how to change Font on Android.
Here is the tutorial about how to setup MMS on Android device.
In this tutorial I will show you how to enable Instant Upload inside your Google+ app on Android, so that you can sync your photos and videos with Google+ instantly.
Here is another tutorial for the Android lovers. I will show you how to change keyboard on Android.
Here is our new android tutorial on how to change the default launcher on Android.
Here is the tutorial about how to setup Internet settings on Android device.
Today, We are going to show you a tutorial on how to disable Geotagging on Android.
here is our new Android tutorial on how to change default music player on android
The tutorial will help you to add multiple Google Account on your Android device.
Here we will show how you could Jailbreak Any iPhone Or iPad On Latest Firmware iOS 8.1.2. Keep reading.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook