Wednesday, June 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Toshiba Delays Chip Unit Deal, Sues Western Digital
Qualcomm Debuts the Snapdragon Wear 1200 and the Snapdragon 450 Mobile Platforms
Samsung Launches ISOCELL Image Sensor Brand
Toshiba Announces 96-Layer 3D Flash Memory and 64-Layer QLC 3D Flash Memory
Western Digital Announces First 96-Layer 3D NAND Technology
New Intel SSD 545s Packs 64-layer 3D TLC Flash
Ransomware Hits Servers Across the Globe
New Sony 20MP CMOS Image Sensor Released
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Intel T...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, September 21, 2012
Intel To Invest in Sharp: report


Struggling electronics giant Sharp is reportedly discussing a capital alliance with Intel, according to a report from Japan.

The two companies are reportedly in talks for Intel to invest more than 30 billion yen in Sharp, hoping to reach an agreement as early as October, the Mainichi newspaper reported today.

"There is no truth to the report," Heihachiro Ochiai, a Sharp spokesman in Osaka, said today. Intel declined to comment.

Sharp boasts a high level of technology in the latest small- and medium-sized LCD panels and smartphones. Besides the financial gains, such a deal would give Sharp a new client for its displays aimed at mobile devices and ultabooks.

Sharp's technology portfolio includes the IGZO displays, which consumes much less power than conventional LCD displays, they are thinner, they have a highly-sensitive touch screen, and boast very high definition.

All of those advantages make it a perfect fit for ultrabooks using Microsoft's Windows 8 operating system.

Sharp's consolidated results for the business year ending in March 2012 showed a record net loss of 376 billion yen.

Last March, the Japanese company had announced that it was discussing a capital and business tie-up with Taiwan's Hon Hai Precision Industry Co. Hon Hai planned to acquire a 9.9 percent stake in Sharp at a price of 550 yen per share for a total of 66.9 billion yen, but negotiations hit a snag after the price of Sharp's shares fell.

Sharp has already announced a reconstruction plan in order to and return to net profit for the full business year in 2013. The company plans to downsize its solar cell business and sell its television assembly plants in Mexico and Nanjing, China, to Hon Hai. It also plans to cut about 5,000 jobs and reduce personnel expenses by some 14 billion yen by cutting remuneration to employees.


Previous
Next
iPhone 5 Uses Chips From Qualcomm, Skyworks        All News        AMD Catalyst 12.8 CAP3 Available
Google Shuts China Music Download Service     General Computing News      AU Optronics Fines With $500 Million For Price Fixing

Get RSS feed Easy Print E-Mail this Message

Related News
New Intel SSD 545s Packs 64-layer 3D TLC Flash
Intel to Bring Virtual Reality and 5G to Olympic Games
First Intel Core X-Series Processors Pre-Orders Begin Today, Available Starting June 26
Microsoft Used AI to Help Crack Down on Tech Support Scams
Intel Details "mesh" On-chip Interconnect Technology Features in New Intel Xeon Scalable Processors
Intel Invests in Three AI Companies
Microsoft AI Masters Pac-Man
Intel Showcases PC Gaming and VR Experiences at E3, Announces Intel Grand Slam for Esports and Pre-Orders for Core X-series Processor Family
Sharp Sues Hisense over 'Shoddily' Made TVs
LG Establishes New Robotics and AI research Divisions
Intel is Threatening ARM and Microsoft For Emulating x86 ISA
Intel Adds the DC P4501 Low-Power NVMe SSD to Enterprise Lineup

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .