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

XFX Release Their First RadeonT HD-Powered 4000 Series Card

XFX, following its recently announced collaboration with AMD, today introduced its first RadeonT HD-powered 4000 series cards, the XFX RadeonT HD 4870, 4850, 4830, 4650 and 4350. Bad-Ass Performance Never Looked So Good All five models feature exceptional memory bandwidth, board power...

Sharp and Sony Sign Joint Venture Agreement

Sharp Corporation and Sony Corporation today entered into an agreement (the “Joint Venture Agreement”) to establish a joint venture company to produce and sell large-sized LCD panels and modules. On July 1, 2009, Sharp split out its new LCD panel plant located in Sakai City, which is under...

Fujitsu extends Windows 7 notebooks line up

Fujitsu today launched seven latest computing machines to their notebook series that run on the Windows® 7 operating system from Microsoft – LifeBook A1220, P3110, P3010, P8110, T4310, T4410 and Fujitsu M2010. Besides these latest additions, many of Fujitsu’s favourites are also donning the...

Leave a comment