Sharp disclosed it will invest US$7 million to take a 31.82% stake in eLux, a US-based start-up business engaged in R&D of micro LED technology and its application to displays. Sharp's majority shareholder, Foxconn Electronics, said its subsidiary CyberNet Venture Capital, affiliated LCD panel maker Innolux and affiliated LED packaging service provider Advanced Optoelectronic Technology (AOT) will also take stakes (45.45%, 13.64% and 9.09% respectively) in eLux.
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