Reuters: Technology News: Sharp, Qualcomm to co-develop next-generation displays: sources

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Sharp, Qualcomm to co-develop next-generation displays: sources Dec 3rd 2012, 23:57 Tweet Share this Email Print Related News Japan's Nikkei rises on hopes for a deal tackling U.S. fiscal woes Thu, Nov 29 2012 Exclusive: Banks offer to help Sony offload battery unit - sources Wed, Nov 28 2012 Renesas shareholders set to approve $2.4 billion bailout, shares soar Mon, Nov 26 2012 CORRECTED-Renesas jumps 5 pct on report of shareholder bailout approval Sun, Nov 25 2012 Fitch cuts Sony, Panasonic debt ratings to "junk" status Thu, Nov 22 2012 A logo of Sharp Corp is pictured at CEATEC JAPAN 2012 electronics show in Chiba, east of Tokyo, October 2, 2012. Credit: Reuters/Yuriko Nakao TOKYO | Mon Dec 3, 2012 6:57pm EST TOKYO (Reuters) - Japanese struggling display panel maker Sharp Corp and U.S. chipmaker Qualcomm Inc have agreed to jointly develop next-generation displays, two sources familiar with matter said on Monday. The two are in talks for Qualcomm to invest as much as 10 billion yen ($121.5 million) in debt-laden Sharp, the sources said. Sharp declined to comment. The Nikkei business daily earlier reported that Sharp would receive by the end of this year 5 billion yen from Qualcomm through a private placement of new shares, followed by an additional 5 billion yen at a later date. ($1 = 82.2850 Japanese yen) (Reporting by Reiji Murai; Writing by Mayumi Negishi; Editing by Edwina Gibbs) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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