SDK, Hoya finished the media of the hard disk to consolidate
Showa Denko K.K. (SDK) Determine, finish, discuss regarding the hard disk media of two companies operates the consolidation of the plan with Hoya Company.
In September 30 , 2008 , SDK and Hoya reach the basic common understanding to manage through establishing the hard disk media that a joint venture consolidates them, attempt to guarantee the good development of the business and strengthen competitiveness in a sustainable way.
Since then, two companies have already continued discussing and checking the thing. But, SDK, and Hoya judge it that already because fierce economic situation and change deterioration in environment of industry set up joint venture that house plan recently.
The period of the basic agreement will stop on March 29. Have concrete measure as planning stable, have debt / credit cause on lapse or basic lapse of agreement that discuss already.
