According to a rumor would be Intel and Qualcomm want to consider adding together a total of 378 million dollars to invest in the ailing Sharp. The Japanese electronics group runs at the same time, negotiations with Foxconn on an investment.
According to a source would be Sharp this month an agreement with Qualcomm. In march of this year, took manufacturer Foxconn had an interest of 10 per cent in Sharp for 602,2 million euros, with the company Sharp is still in negotiations over a new investment. Intel, which closed earlier this year agreements with various manufacturers of schermpanelen to the touchscreencapaciteit for ultrabooks. The potential investment in Sharp, which also schermpanelen for Apple produces, here would be a sequel.
Previously gave Sharp already had a profit warning because of the loss of the current financial year, higher than previously expected. The loss will be according to the company is around 4.3 billion euro, almost a doubling compared to earlier projections. It gave the electronics company that it is in doubt whether it is still long on his own legs may remain. In an attempt to turn the tide, the company has a large restructuring programme announced in which ten thousand job cuts will be. Also, there are commercial buildings being sold and again teruggehuurd. The company does not know whether that will be enough.
The Japanese company blames the problems on an expensive yen, to a lack of innovation, excess capacity, declining market share and the economic crisis. According to analysts, it is therefore still the question of whether the potential investment is enough to have the structural problems. In addition, Sharp also still burdened by a huge debt burden of $ 13.8 billion.