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| Name | Symbol | Market | Type |
|---|---|---|---|
| Sharp Corporation (PK) | USOTC:SHCAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.015 | -1.05% | 1.415 | 1.36 | 1.46 | 1.415 | 1.415 | 1.415 | 353 | 21:04:04 |
From Jul 2019 to Jul 2024
TOKYO--Sharp Corp. (6753.TO) is in talks with Intel Corp. (INTC) over a possible capital tie-up involving a cash injection of more than ¥30 billion ($383 million), the Mainichi Shimbun reported in its Friday morning edition.
The U.S. chip giant is looking to take advantage of Sharp's small- to medium-sized liquid crystal display panel technology, while for the struggling Japanese electronics firm, the tie-up would provide much needed cash and a steady customer for its panel technology, the report said, without citing where it obtained the information.
The two sides could reach a deal by the end of October, the report added.
Sharp posted its worst ever net loss of Y376 billion in the fiscal year ended March, and is expecting another loss of Y250 billion in the current business year.
Write to Tokyo Bureau at tokyo.djnews@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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