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

HTC announces J Butterfly smartphone

The Taiwanese HTC has unveiled its long-rumored 5-inch smartphone, which will be known as HTC J Butterfly. The device seems to be quite powerful and will surely please its owners. The HTC J Butterfly comes with a 5-inch Super LCD 3 1080p display with 440 ppi (pixels per inch) and...

HTC announces Tiara smartphone

The Taiwanese smartphone maker HTC has exhibited a new Windows Phone 8-based smartphone known as Tiara. According to the company the new device will occupy the market niche between the HTC 8X and 8S smartphones. The HTC Tiara is based on a 1.2 GHz dual-core Qualcomm...

Huawei Honor Play 4X will be the first Kirin 620 smartphone

Huawei Honor Play 4X will be the first Kirin 620 smartphone

A few days ago Huawei launched its first in-house 64-bit smartphone processor – the Kirin 620. The chip includes eight ARM Cortex-53 processing cores and Mali-450MP4 graphics and back then we wondered which the first smartphone to use it would be. The answer has come faster than expected –...

Leave a comment