July 9, 2012 / 8:16 AM / 5 years ago

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

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

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

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