• Kyodo News

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Seiko Epson Corp. will transfer some of its business assets for small and medium-size thin-film transistor liquid crystal displays to Sony Corp., the two firms said Tuesday.

The agreement puts an end to negotiations that started in March, when Seiko Epson said it was considering transferring part of its LCD assets to Sony because demand was declining for its displays for mobile phones and other electronic devices amid the global economic slump.

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