Saturday, May 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google to Retire the AlphaGo AI Program
Apple is Building AI Chip for iPhone
Chip Industry "Threatened" by Chinese Players
AMD Ryzen AGESA 1.0.0.6 Firmware to Enable Speedy Memory Clocks
Nvidia Introduces the GeForce MX150 For Laptops
Intel Dominates the Enterprise SSD Market
NVIDIA Introduces New GeForce GTX Battlebox
TSMC is Already Testing 7nm Chips, Coming Next Year
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
Google to Retire the AlphaGo AI Program
Apple is Building AI Chip for iPhone
Google's Alpha Go Beats Chinese Master Again
Intel to Integrate Thunderbolt 3 into Future CPUs
Google's AlphaGo Wins Chinese Go Master in First Round
Sharp To Invest $1 billion in SoftBank's Tech Fund
Intel's Itanium 9700 Chip Released, and it's the Last One in the Itanium Series
NVIDIA To Offer Deep Learning Training to Developers
Intel Re-defines Xeons, Skylake Chips Coming This Summer
Intel Launches New 3D NAND DC P4500 And DC P4600 SSDs for Data Centers
Cost Cuts Start Paying Off For Sharp
Intel Reports Quarterly Profit On Strong Data Center Business

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 .