Friday, November 27, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
New Raspberry Pi Zero Is A $5 Tiny Computer
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Hon Hai...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, December 05, 2012
Hon Hai-Sharp Investment Talks To Continue

Hon Hai Precision will continue talkings with Sharp for shareholding investment despite Qualcomm's funding in the Japanese TV maker.

A Hon Hai official, who refused to be identified, told the China Economic News Service that the investment of Qualcomm in Sharp is not related with Hon Hai's plan of buying into Sharp. In addition, Hon Hai will continue considering to purchase TV plants under the auspices of Sharp, the official added.

Sharp and Qualcomm on Tuesday announced a strategic alliance, which will enable Qualcomm to own 5% stake in Sharp and become its largest shareholder.

In March this year, Hon Hai reached an agreement with Sharp for investing US$800 million in the latter, in exchange for 9.9% stake in Sharp. Subsequently, Sharp?s share prices plunged, prompting Hon Hai to negotiate with Sharp again for the investment plan.

In addition to Qualcomm, the Sharp is also reportedly talking with Intel and Dell for fund injection, as the 9.9 billion yen investment by Qualcomm cannot solve Sharp's financial problem.

Toshiba Releases The Excite 10 SE 10-inch Tablet        All News        New Firmware Delivers 100K IOPS To PLextor M5 Pro SSD
Instagram Photos Not Available On Twitter     General Computing News      Amazon Introduces Kindle Content Service For Kids

Get RSS feed Easy Print E-Mail this Message

Related News
Sharp Considers Shutting Down Overseas TV Plants
Japan Display Open To A Possible Tie-up With Sharp
Sharp In Talks With Companies Over LCD Business
Sharp Warns of Losses As Display Business Slide
Japanese Fund may Invest In Sharp: report
Sharp Showcases Ultra HD Blu-ray Recorder, 8K TV at CEATEC 2015
Sharp Showcases RoboHon Mobile Robot At Ceatec
Sharp Establishes Sales Company in China
Hon Hai To Make 200-billion-yen Bid For Sharp's LCD Business: report
Foxconn Makes Offer To Buy Sharp's LCD Business: report
Sharp LV-85001 8K TV Coming Next Month
Sharp In Talks With Hon Hai On tie-up: report

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .