Intel, Dell Rumored to Sink Money Into Sharp
Rumors that Intel could be dropping a lot of cash to get its hands on Sharp's display technology are picking up speed.
The Wall Street Journal reports that Dell could be joining Intel in investing up to $240 million in Sharp, while reports coming out of Japan suggest that Intel could be sinking up to $500 million into the display maker. Qualcomm is also believed to be in talks to get a stake in Sharp in return for a sizable amount of cash.
It is widely know that Sharp is in financial trouble. On November 20, Sharp said that it expects to report yet another "extraordinary loss" for the current third quarter ending on December 31.Cnet quoted the company stating that "Sharp is in circumstances in which material doubt about its assumed going concern is found."
However, Sharp has low-temperature polysilicon (LTPS) and IGZO display technologies that are critical to the entertainment and PC industry, especially in a time when we expect displays to make a generational leap with much higher resolutions beyond 1080p. An investment from Intel as well as other PC vendors into Sharp, could easily be justified as necessary founding to protect their future business.
Contact Us for News Tips, Corrections and Feedback
Stay On the Cutting Edge: Get the Tom's Hardware Newsletter
Get Tom's Hardware's best news and in-depth reviews, straight to your inbox.
-
tomfreak An investment from Intel as well as other PC vendors into Sharp, could easily be justified as necessary founding to protect their future business.
protect against Apple? -
ddpruitt Tomfreakprotect against Apple?Reply
No, to protect against losing one of the largest display makers, which protects against a sudden drop in supply, which protects against a sudden increase in PC prices. Which would hurt companies like Intel and Dell. Not every article relates to Apple.
Thinking, apparently it's harder for most people. -
ddpruittNo, to protect against losing one of the largest display makers, which protects against a sudden drop in supply, which protects against a sudden increase in PC prices. Which would hurt companies like Intel and Dell. Not every article relates to Apple.Thinking, apparently it's harder for most people.Reply
Who spat in your coffee?
-
friskiest Hopefully, those investments goes into good use, what IGZO technology from SHARP bring is something that will greatly benefit PC users, especially for productive tasks or just gaming enthusiast. Can't wait to see 4K monitors in 27-32" monitors.Reply -
ELMO_2006 Cnet quoted the company stating that "Sharp is in circumstances in which material doubt about its assumed going concern is found."
Run on adverbs, seriously??!?!?!?