Sharp said to be in talks with Intel, Qualcomm

Junko Yoshida, EETimes
11/14/2012 11:20 AM EST

TOKYO – Japan’s cash-strapped Sharp Corp. is reportedly in detailed talks with both Intel Corp. and Qualcomm Inc. for an investment of up to $500 million, the Kyodo News agency reported Tuesday (Nov. 14).

Reuters also reported Wednesday that the joint investment in Sharp would total about $378 million. The news agency cited two unnamed sources allegedly familiar with the talks.

None of the companies has confirmed the talks.

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