Foxconn Makes a Play for Sharp
Foxconn has offered to buy Sharp for $5.3 billion, reports the Wall Street Journal. Foxconn's offer arrives just as Sharp is weighing a buyout offer from Innovation Network Corporation of Japan. Sharp, known for its LCD displays and IGZO technology, has required multiple bailouts over the last few years as weak financials plague its ability to compete. The main thrust of INCJ's potential investment is to keep the company based in Japan, where it would be merged with competitor Japan Display. Investors believe combining Sharp and Japan Display would lead to a stronger competitor to rivals Samsung and LG. The INCJ deal has the blessing of Japan Prime Minister Shinzo Abe, but at about $2.6 billion is only half that of Foxconn's offer. Analysts cited by the Wall Street Journal and Reuters believe the final decision will be a political, and not a business, one. Foxconn is based in Taiwan.
Feb 26, 2020
LG today announced the V60 ThinQ 5G with LG Dual Screen. Its specs are flagship-level, but not quite as top-end as past V-series phones.
LG has released design renderings for its next major phone. The three rear cameras are arranged in a "Raindrop" formation toward the corner of the phone.
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Essential Products says it will reveal the launch date of its PH-1 smartphone within one week, according to the Wall Street Journal. The company first said the phone would launch within 30 days of its initial debut, which took place back in May.
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Razer today announced the Razer Phone, its first smartphone, with a focus on mobile gaming. The company bought NextBit, maker of the Robin phone, earlier this year and the Razer Phone was born from projects started at NextBit before the acquisition.