Reuters: Technology News: Sharp says pondering weak finances, no talks with Intel now

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Sharp says pondering weak finances, no talks with Intel now Jan 7th 2013, 20:02 Tweet Share this Email Print Related News Apple's iPhone 5 starts strong in China but shares pressured Mon, Dec 17 2012 Sprint in talks with major Clearwire investors: sources Tue, Dec 11 2012 Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Japan » The Sharp Corp logo is seen at the company's showroom in Tokyo January 10, 2009. Credit: Reuters/Stringer SAN FRANCISCO | Mon Jan 7, 2013 3:02pm EST SAN FRANCISCO (Reuters) - Sharp Corp is considering new ways to shore up its crumbling finances but is not talking with Intel Corp at the moment about any investment from the U.S. chipmaker, executives from the Japanese firm said on Monday. The maker of Aquos TVs in November said it may not be able to survive on its own after it doubled its full-year net loss to $5.6 billion. To repay short term commercial paper loans and stave off failure, it won a $4.4 billion bailout in October from its banks. Industry analysts had speculated that Intel and Sharp -- which supplies screens to Apple Inc for its latest iPhone -- were in investment discussions, but executives said on Monday the pair were not in talks "at this moment". (Reporting By Tim Kelly; editing by Andrew Hay) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 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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