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Tokyo Electron Ltd to Dissolve Joint Venture Established with Sharp Corp

Friday, 30 Nov 2012 01:30am EST 

Tokyo Electron Ltd announced that it has decided to dissolve a joint venture Tokyo Electron PV Limited, which has been engaged in the development of plasma chemical vapor deposition (CVD) equipment for thin-film silicon solar cells, on November 30, 2012. The liquidation will be conducted in late February 2013. Tokyo Electron established the joint venture with Sharp Corp and the two companies hold a 51% stake and a 49% stake in the joint venture, respectively.