Sharp and Qualcomm to create LCD panels for smartphones

Sharp and Qualcomm to create LCD panels for smartphones

Sharp and Qualcomm have signed an agreement that will allow both companies to work together on the creation of new LCD panels with lower power consumption for smartphones and the like.

The cooperation will include Sharp’s IGZO panels and financing from Qualcomm to futher improve Sharp’s panels and make them profitable on the market. Qualcomm will inject 61 million US dollars in Sharp with more financing possible down the road. In return Qualcomm will get up to 5 per cent of Sharp’s shares. As of now there’s no information when Sharp’s new panels will reach commercial availability.

Sharp has been losing market share and money in the past one year and the company needs fresh money in order to bring new products to market. Qualcomm and Sharp did not comment on the story.


Source: Reuters

Related posts

RIM unveils five new BlackBerry 7 OS based smartphones

Research In Motion has today unveiled five new BlackBerry smartphones which runs company’s newest OS version - BlackBerry 7. The new models include BlackBerry Bold 9900/9930, BlackBerry Torch 9850/9860 and BlackBerry Torch 9810, all powered by 1.2 GHz processors and coming with the next...

Zalman intros HDD Enclosure with Virtual Drive capabilities

Zalman Tech introduced a new interesting external HDD enclosure which feature world's first virtual drive function, that will allow you to load up ISO images from CD/DVDs directly form the attached HDD drive.The model called ZM-VE200 has an aluminum casing with LCD that displays the list of the...

Sony unveils new Blu-ray player - BDP-S360

Sony unveils its latest Blu-ray player for entertainment enthusiasts who are seeking an unforgettable home theatre experience.

Leave a comment