Wednesday, December 5, 2012

Sharp and Qualcomm collaborate to develop a new generation of screens

http://i.imgur.com/4L7JG.jpg

Sharp, the Japanese manufacturer known for TVs and displays, seems urgently need an investment of money, and that would make the company appear to be Qualcomm, who as such has decided to invest no less than $ 120 billion in Sharp. This is not only to become the largest shareholder Qualcomm Sharp, but actually save the company, who already mentioned that there is a chance the possibility of breakage.
As reported by Reuters, Qualcomm now begin working with a subsidiary of Sharp, Pixtronix, to develop a new generation of screens. Besides, both sides may also cooperate to develop new processors.
Qualcomm will give immediate relief to Sharp investing $ 60 million by the end of the year, but has not yet decided when will the rest of the money investment.
Things started to go wrong for Sharp few months ago, when sales in China and Japan fell more than expected, but now thanks to this new investment the company will not have to close, and also develop new technologies and wide screens evidently processors reach the public, so apparently Everybody.

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