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SHCAY Sharp Corporation (PK)

1.415
-0.015 (-1.05%)
19 Jul 2024 - Closed
Delayed by 15 minutes
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

Sharp Said in Talks for Investment by Intel

14/11/2012 1:30am

Dow Jones News


Sharp (PK) (USOTC:SHCAY)
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From Jul 2019 to Jul 2024

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Struggling Sharp Corp. (6753.TO, SHCAY) is in final talks with Intel Corp. (INTC) to receive around Y30 billion to Y40 billion of investment as the Japanese company seeks to improve its financial standing, Kyodo News reported Tuesday, citing people close to the matter.

Sharp is also in talks with U.S. telecom giant Qualcomm Inc. (QCOM) on a capital and business tie-up, they said.

Sharp, which is aiming to turn its business around by expanding its supply of advanced Igzo power-saving liquid crystal display panels, is also mulling forming business alliances for the panels with several companies including Apple Inc. (AAPL), Google Inc. (GOOG) and Microsoft Corp. (MSFT).

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