Saturday, July 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Bose Says Beats Electronics Infringe its Patents
IBM Talks With Globalfoundries Stall Over Price: report
Verizon to Throttle "Unlimited" Data Users
Tablet Market Grows in Second Quarter
The Pirate Bay Goes Mobile
ASUS Announces Strix DSP, Strix Claw, Strix Tactic Pro and Strix Glide Series
China Telecom to Offer The Xbox One System
Thermaltake Debuts the Water 3.0 Ultimate All-In-One Liquid
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Solid-State Drive Pro 2500 Series Packs SK Hynix Flash And Brings Trusted Security Features
New Intel Haswell CPUs Released
Intel to $60 Ship Galileo Gen2 Computer Next Month
Intel Reports Second-Quarter Revenue of $13.8 billion
Intel Chipsets To Support PCIe 3.0
Intel To Manufacture Future Panasonic SoCs Using Intel's 14nm Low-Power Process
Sharp to Exit TV And Home Appliance European Markets
Intel Details Next-Generation Xeon Phi Processor with Integrated Omni Scale Fabric
Intel Adds Laughter into Mobile Messaging
Intel Offers Customizable Chips For Data Centers
Sharp Develops Free-Form Display
Intel Raises Revenue Expectations Thanks To XP Retirement

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .