Sunday, November 19, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Toshiba's Board Approves $5 billion Injection to Stay Listed
LG Electronics Launches the ThinQ Hub AI Speaker
Verizon Signs Deal with NFL: report
Microsoft Offers Discounted Games for Xbox Live Gold Members, Sony Unveils PlayStation Deals
Apple HomePod Smart Speaker Won't Be an Option For Holiday Shopping
G.Skill Unveils Trident Z DDR4-4400 32GB CL19 Kit
Spotify Buys Soundtrap
Volkswagen to Invest Over $40 billion on Future Cars
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 > 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.


Previous
Next
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
Delay of iPhone X production Had an Impact in Foxconn's Earnings
Foxconn, Apple, and SoftBank Pursue Acquisition of Toshiba Memory Unit
Sharp Releases the AQUOS 8K in Japan, China, Taiwan, and Europe
Sharp Sees Collaboration With Japan Display
Foxconn Announces U.S. Manufacturing Plant in Wisconsin
Foxconn Confirms US Investment Plan
Sharp Sues Hisense over 'Shoddily' Made TVs
Apple, Dell, Kingston, Amazon, Could Join Foxconn In Bid for Toshiba Chip Business
Foxconn, Apple and Amazon to join Bid for Toshiba Chip Business: report
Sharp's President Confirms US Panel Plant Plan
Sharp To Invest $1 billion in SoftBank's Tech Fund
Cost Cuts Start Paying Off For Sharp

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 .