Monday, January 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sprint is Buying Stake in Tidal
Xiaomi's Global Vice President Hugo Barra is Leaving the Company
Samsung Announces Cause of Galaxy Note7 Incidents, Shares Quality Assurance Measures
Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
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
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Intel Unveils Credit Card-Sized Computer
Intel To Bring Standalone Project Alloy VR Headset By The End Of the Year
Spanning Car, Connectivity and Cloud, Intel Announces New GO Platforms For Self-Driving Vehicles
Get Ready for the Best New PCs for the New Year with New 7th Generation Intel Core Processors
Intel to Acquire 15 Percent Ownership of HERE
Foxconn To Buy Majority Shares Of Sharp's Sakai Display Products
Sharp to Return To The European TV market With UMC Acquisition
New Intel NUC Platforms Launching At CES 2017
Hon Hai, Sharp To Build Massive LCD TV Plant In China

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 .