Phone Scoop

printed July 22, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=12046

Home  ›  News  ›

Samsung Invests $110M in Ailing Sharp

Article Comments  

Mar 6, 2013, 7:27 AM   by Eric M. Zeman

Samsung has bought a 3% stake in Sharp, one of its competitors, in order to widen is supply base, reports Reuters. Samsung's $110 million investment follows a $120 million investment made in Sharp by Qualcomm in December. Sharp has struggled in recent years, and needs the influx of cash. Sharp's most promising product is high-resolution indium gallium zinc oxide (IGZO) display screens, which are thinner and use dramatically less energy than the OLED displays Samsung currently favors in its mobile devices. Qualcomm also wants to work with Sharp to bring its IGZO displays to market, which would be ideal for smartphones and tablets. Last, Sharp is one of Apple's key suppliers, and this investment gives Samsung a stake in the company as Apple winds down its reliance on Samsung for components.

more info at Reuters »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
No messages.
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2