Prior notification of a concentration (Case M.8263 — Sharp Corporation/Skytec UMC Ltd) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-01-25
Institutions: European Commission
Subjects: economic concentration, electronics industry, merger control








C_2017025EN.01000401.xml










25.1.2017   


EN


Official Journal of the European Union


C 25/4





Prior notification of a concentration
(Case M.8263 — Sharp Corporation/Skytec UMC Ltd)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 25/04)






1.


On 17 January 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Sharp Corporation (Japan) controlled by Hon Hai Precision Industry Co., Ltd (Taiwan), acquires within the meaning of Article 3(1)(b) of the Merger Regulation joint control of part of the undertaking Skytec UMC Ltd (Cyprus) which is currently solely controlled by Skytec Group Limited (Cyprus) by way of purchase of shares.










2.


The business activities of the undertakings concerned are:






—


Sharp is active globally in developing, manufacturing and selling multiple electronic products, including liquid crystal display (‘LCD’) television sets, LCD monitors, solar panels, mobile communication handsets, video projectors, multi-function printing devices, microwave ovens, air conditioners and cash registers. Sharp is a subsidiary of Hon Hai,










—


Hon Hai, which trades as Foxconn, is a Taiwanese public company that is headquartered in Tucheng, New Taipei City, Taiwan, and listed on the Taiwan Stock Exchange. It provides third-party electronic manufacturing services to original equipment manufacturers of electronic products such as computers, mobile phones and video game consoles. Hon Hai has operations across the Americas, Asia and Europe,










—


Skytec Group Limited owns Skytec UMC LTD which designs, manufactures and distributes TVs under its own brands (UMC and Eternity) and under third party brands.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.










4.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8263 — Sharp Corporation/Skytec UMC Ltd, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.