Intel, Qualcomm may invest US$378m in Sharp:sources

US-based Intel and Qualcomm are in talks to jointly i nvest about 30 billion yen (US$378 million) in debt-stricken Japanese consumer electronics maker Sharp Corp, two sources familiar with the matter said on Wednesday.

Details of the talks were not known, but Sharp, whose displays are used in Apple’s iPads and iPhones, is looking to small displays to spark a revival in its fortunes and sees the new generation of high-end laptops as a fresh market.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1082243/intel-qualcomm-may-invest-us378m-sharpsources