Sharp seeks investments from Apple, Intel
TweetFollow Us on Twitter

Sharp seeks investments from Apple, Intel


Sharp, a major supplier of LCD displays to Apple (and other manufacturers), is in the middle of a restructuring plan as it works to stop bleeding money. The company is also hoping that Apple and Intel will invest in it, reports "Computerworld" (http://macte.ch/sXKHs).

The company now targets a net loss of ¥450 billion (approximately US$5.6 billion) for the year, up from the ¥250 billion it forecast previously, due mainly to the restructuring. The company's stock has been downgraded to junk status by ratings agencies.

The Osaka-based manufacturer said there is "material doubt" about its ability to continue operating in its earnings report filed Thursday. However, the company said it still believes it can cut costs and secure enough credit to survive. Its IGZO technology for mobile displays is likely to be a key element of its business strategy.

"The company's turnaround plan includes a focus on its IGZO technology, which uses far less battery power than existing screens," says "Computerworld." "Named after the indium gallium zinc oxide semiconductor on which it is based, the screens will be used in several upcoming Sharp devices, and the company has said it expects them to become a core product."

 
AAPL
$92.72
Apple Inc.
-0.52
GOOG
$711.12
Alphabet Inc.
+9.69
MSFT
$50.39
Microsoft Corporation
+0.45
MacNews Search:
Community Search:
view counter

view counter
view counter
view counter
view counter
view counter
view counter

A beginner's guide to Spellbinders
Spellbinderslooks a heck of a lot like Clash Royale, but has an entirely different pace to it. As such, it can be difficult to adjust to. Just in case you've been playing way too much Clash Royale (and who hasn't), we've put together a bunch of tips and tricks to help get you up to speed with Spellbinders. [Read more] | Read more »
Camping With Grandpa (Education)
Camping With Grandpa 1.0 Device: iOS Universal Category: Education Price: $2.99, Version: 1.0 (iTunes) Description: | Read more »
Black Hole Joyrider (Games)
Black Hole Joyrider 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Guide your spacecraft through the gravity well of a powerful black hole using only your retro-thrusters and dwindling fuel reserves. Black Hole Joyrider | Read more »
My Koi (Games)
My Koi 1.0 Device: iOS iPhone Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: My Koi is a beautiful and relaxing fish pond app. Customise and name each fish. Feed them daily. Watch them grow. Collect new fish. Escape and relax. COLLECT. GROW. NURTURE. ESCAPE.*********" The most beautiful app I've ever seen... | Read more »
Never Gone (Games)
Never Gone 1.0.2 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.2 (iTunes) Description: ###IMPPORTANT### Never Gone's HD art resources require devices with more than 1GB RAM, so please note that iPhone 4/4s, iPad 2/mini, iPod Touch 5 or older devices are NOT supported."From Chinese developer HippieGame, this is... | Read more »
INKS. (Games)
INKS. 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: From the makers of BAFTA-winning Lumino City comes INKS. INKS updates pinball for a new generation. It combines the joy of pinball with skilful tactical challenges, and allows you to create wondrous works of art as the ball smashes... | Read more »
How to maximise your profits in Bakery B...
Running a bakery can be an expensive venture. You’ll need to continuously upgrade your oven, your kitchen supplies, and even your ingredients to keep customers happy. Most of these renovations in Bakery Blitz cost a pretty penny, but we have a few tricks up our sleeves to help you rake in the virtual wealth. [Read more] | Read more »
How to manage your time in Bakery Blitz
It can be tricky, especially when you risk burning your kitchen to the ground if you forget a cake in the oven, so make sure to use these time management tricks to keep your bakery running smoothly. Don’t collect the money right away [Read more] | Read more »
Model 15 (Music)
Model 15 1.0 Device: iOS iPhone Category: Music Price: $29.99, Version: 1.0 (iTunes) Description: The Moog Model 15 App is the first Moog modular synthesizer and synthesis educational tool created exclusively for iPad, iPhone and iPod touch.* The Model 15 App requires iOS version 9.3 or later to work. * | Read more »
How to deal with wind in Angry Birds Act...
Angry Birds Action! is a physics-based puzzler in which you're tasked with dragging and launching birds around an obstacle-littered field to achieve a set objective. It's simple enough at first, but when wind gets introduced things can get pretty tricky. Here are some tips to deal with wind-based obstacles. [Read more] | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.