Qualcomm (QCOM) will finally make the second half of its staggered $120M investment in Sharp...


Qualcomm (QCOM) will finally make the second half of its staggered $120M investment in Sharp (SHCAY.PK), buying ¥6B ($62M) worth of shares in the TV/display panel maker after delaying the move in March due to Sharp's failure to make sufficient progress towards producing mobile LCDs based on Sharp's IGZO tech that the companies are jointly developing. Qualcomm, set to own 3.5% of Sharp, is undoubtedly interested in seeing high-res IGZO displays propel demand for its Snapdragon processors.

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  • dunnhaupt
    , contributor
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    I can see QCOMs need for expanding its market, and QCOM has the cash to do so. Still, I am not sure whether it will make much of a difference whether they own 1.75% or 3.5% of Sharp.
    7 Jun 2013, 04:55 PM Reply Like
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