Rupert Wingfield-Hayes
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Samsung Electronics to buy stake in Sharp

7 March 2013 Last updated at 04:48 GMT

South Korean giant Samsung Electronics is set to become one of the biggest foreign shareholders in Japanese rival Sharp.

Samsung has agreed to pay 10.4bn yen ($110m; £75m) for a 3% stake in Sharp, which has been struggling to stay profitable.

The BBC's Rupert Wingfield-Hayes says Japanese firms no longer dominate the consumer electronics market.