Sharp to pay $198.5 million to Dell, two others to settle TFT case

TOKYO Mon Jul 9, 2012 4:15am EDT

A man walks past Sharp Corp's advertisement board at an electronics store in Tokyo June 8, 2012. REUTERS/Toru Hanai

A man walks past Sharp Corp's advertisement board at an electronics store in Tokyo June 8, 2012.

Credit: Reuters/Toru Hanai

Related Topics

TOKYO (Reuters) - Japan's Sharp Corp (6753.T) said on Monday it has reached an out of court settlement with Dell Inc DELL.O and two other companies that filed a lawsuit over its TFT digital business in North America and Europe.

Sharp said it will pay $198.5 million in settlement to the three companies.

(Reporting by Miki Kayaoka; Editing by Michael Watson)

FILED UNDER: