Initially, the company, including project creation was announced in June, would see the day October 1.The two Japanese electronics companies Sharp and Pioneer announced Monday that they were delaying the establishment of a joint venture to develop and sell optical disk plates and related components, due to incomplete procedures with the relevant authorities."We will put up as soon as possible once we have completed the necessary formalities with the authorities control the competition abroad," explained the two companies said in a statement, without giving a new date.When it is formally established, the company will develop, manufacture and sell optical disc recorders and players and recorders show. It will be owned 66% by Pioneer and Sharp by 34%. It is anticipated that employs 450 employees initially.Sharp and Pioneer have many areas of collaboration, the first group being the largest shareholder of the second. The decks can play or record DVDs, Blu-Ray support for feature films and other videos in high definition (HD), experiencing some popularity in Japan.Sharp and Pioneer want to enjoy and hope that sales of players and recorders, Blu-Ray will also take them off abroad in the wake of increased sales of flat screen televisions capable of displaying images in true high -definition.