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

Wi-Fi Direct: device-to-device connections soon

Soon device-to-device wireless connections without need of router or other special hardware will be available, cause the Wi-Fi Alliance announced that it has begun certifying Wi-Fi Direct products. With Wi-Fi Direct certified devices, you will be able to connect one device with another...

Intel debuts Ivy Bridge on April 23

A new source close to Intel has stated that the US chip manufacturer will debut its latest 22 nm Ivy Bridge core on April 23 this year. Some time ago Intel was said to have problems with the newer and thinner 22 nm process and this is why the new chips were expected this summer. A bit...

Mozaex unveils BluWaves 7.1 HD headphones

Mozaex unveils BluWaves 7.1 HD headphones

The US company Mozaex has brought to market BluWaves 7.1 HD – which the company claims is the world’s first headphones to support Blu-Ray 7.1 discrete HD audio. The headphones target gamers and enthusiasts and feature 10 discrete integrated speakers with adjustable EQ levels. The BluWaves...

Leave a comment