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Friday, March 22, 2013
Sharp Says Second Qualcomm Investment Set For June

Sharp on Friday said a second investment of about 5 billion yen ($53 million) from Qualcomm has been pushed back for June 28.

Previously, the companies had announced a delay of the second investment after Sharp had not developed production technology for its Micro Electro Mechanical System displays.

Qualcomm, the largest seller of semiconductors for mobile phones, agreed in December to invest 9.9 billion yen in Sharp.

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