Sharp to form LCD tie-up with China Electronics, license technology

File photo of a man looking at Sharp Corp's Aquos television sets displayed at an electronics store in TokyoBy Mari Saito TOKYO (Reuters) – Japan's Sharp Corp said on Thursday it would form a $ 2.9 billion business alliance with China Electronics Corp after the Chinese side said an earlier tie-up was shelved last year due to political tensions between Japan and China. The new venture will be 92 percent owned by China Electronics, also known as CEC, which is 100 percent state-owned and is a supplier to China's military. The venture will set up a cutting-edge LCD plant with a goal of starting mass producing panel displays for televisions, notebook PCs and tablets in 2015. …

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