Samsung Electronics has concluded to purchase out Sony's whole interest in their glass clear manifestation (LCD) joint venture.
The Korean wiring creator mentioned it will pay Sony 1.08tn won ($939m; 600m) in money for its stake.
The pierce comes as Sony has been restructuring its TV business, that has been creation a loss is to past 7 years.
Samsung, meanwhile, has vanished on to turn the world's largest creator of TVs and prosaic shade panels.
"Under the agreement, Samsung will pick up all of Sony's shares of S-LCD Corporation, the two companies' LCD row production joint venture, creation S-LCD a unconditionally owned auxiliary of Samsung," Samsung Electronics mentioned in a statement.
The J.V. between two companies was determined in 2004, when a bang in the universal manage to buy saw a overload in urge for consumer electronics.
However, things have take a thespian turn in the final 3 years.
Triggered by the financial predicament in 2008, the successive universal mercantile doubt has resulted in a slack in consumer demand.
At the same time, descending prices of LCD panels and prosaic screens have moreover harm distinction margins.
"In order to reply to such severe conditions and to intensify their particular marketplace competitiveness, the two companies have concluded to change to a new LCD row business alliance," Samsung said.
Sony will go on to obtain LCD panels from Samsung formed on prevalent marketplace prices, without having to run a production facility.
For its part, Samsung mentioned the full tenure of the venture will give it "heightened flexibility, speed and effectiveness in both row production and business operations".
Analysts mentioned the treat was the correct move, particularly for Sony.
"In conditions of citation it is positive," mentioned Keita Wakabayashi, an researcher at Mito Securities in Tokyo.
"But if they are creation a loss on the sale, a could inquire because they didn't make this preference sooner."
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