Reuters: Technology News: Japan's Sharp in talks with Intel on capital tie-up: report

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Japan's Sharp in talks with Intel on capital tie-up: report Sep 20th 2012, 23:07 TOKYO | Thu Sep 20, 2012 7:07pm EDT TOKYO (Reuters) - Japan's Sharp Corp is in talks with U.S. chipmaker Intel Corp on a capital alliance, a newspaper said, offering a lifeline to the troubled TV maker as discussions with Taiwan's Hon Hai Precision Industry Co Ltd stall. The companies are in talks for Intel to invest more than 30 billion yen ($383 million) in Sharp, possibly making it Sharp's top shareholder, Japan's Mainichi newspaper reported on Friday, without citing sources. They could reach a deal as early as next month, although Sharp will also continue its capital tie-up discussions with Hon Hai, the paper added. Intel is attracted by Sharp's technology for small and midsize liquid crystal display (LCD) panels, the report said.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions