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Author: NozRydr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 47750  
Subject: Q to Invest in Sharp? Date: 11/15/2012 4:23 PM
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Qualcomm and Intel are in discussions with Sharp to invest more than $375 million, according to two reports.

cnet

<<...However, the Reuters report goes to describe the Intel investment as less certain than Qualcomm's commitment. The latter may reach an agreement with Sharp as early as the end of this month.

Sharp, Japan's largest LCD maker, is in dire financial straits and fighting for its life. It recently received a loan guarantee of $360 billion yen from two Japanese banks with the aim of keeping the company afloat through March 2014.

Some of Sharp's most valuable assets are its low-temperature polysilicon (LTPS) and IGZO display technologies. Both allow thin smartphone and tablet designs with very high resolution screens.



http://news.cnet.com/8301-1001_3-57549459-92/qualcomm-intel-...
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