Sony and Sharp have forged an alliance to help them meet the growing demand for liquid crystal display televisions.Sony is to take a one-third stake in Sharp's $3.5bn (�1.8bn) LCD panel factory, which is due to be completed in March 2010.
Sony does not currently make the LCD panels for its flat-screen televisions, relying instead on a joint venture with South Korea's Samsung.
Sony shares rose more than 1% on the news, while Sharp closed unchanged.
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