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

Futsal Football 2

Futsal Football 2

Here’s one more Google Play game that will appeal to soccer fans – Futsal Football 2. Unlike Flick Shoot this one allows you to play soccer in real time on a large field. The game does not have any peculiarities when it comes to the installation process so you can just download and install...

Acer launches Aspire V5 series

At the ongoing CeBIT in Germany Acer has launched a new line of Aspire V5 notebooks that catch the eye with impressive specs and slim bodies. The Aspire V5 will be offered in three models depending on the display size but in any case you are getting a notebook that is 30 per cent slimmer...

TiVo Premiere Elite DVR offers four tuners and 2TB storage space

The company TiVo Inc has launched their latest set-top box called TiVo Premiere Elite which offers four digital tuners and two-terabyte hard drive space, allowing for simultaneous recording of four channels while viewing a fifth recorded program. TiVo Premiere Elite is also the first DVR...

Leave a comment