Qualcomm, Intel consider $375M investment in Sharp
Qualcomm and Intel are in discussions with Sharp to invest more than $375 million, according to two reports.
Japan's Kyodo News reported today that Intel is in talks to invest between 30 billion and 40 billion yen (approximately $378 million to $500 million) in Sharp.
But a more recent report today from Reuters said the two companies may make a joint investment of about $378 million.
However, the Reuters report goes to describe the Intel investment as less certain than Qualcomm's commitment. The latter may reach an agreement with Sharp as early as the end of this month. … Read more