Intel Qualcomm or United Saving Sharp

Sony, Panasonic, and Sharp, the three crisis-stricken Japanese technology industry giants, Sharp's situation is undoubtedly the worst and is close to the brink of collapse. In the global economic integration today, Sharp once fell, the impact will be It is catastrophic. For this reason, other related giants are “helping” to save Sharp.

After Hon Hai’s investment in Foxconn failed, it was reported that Apple may have prepared up to 2 billion U.S. dollars in rescue funds for Sharp. Reuters today quoted Japanese media reports that Intel and Qualcomm’s two deadly enemies are uniting. Together, it may invest up to about 30 billion yen, or about 378 million U.S. dollars, in Sharp.

Investment negotiations between the three parties are currently in progress. According to informed sources, the fastest possible agreement between Sharp and Qualcomm may reach an investment agreement at the end of this month, but the progress between Sharp and Intel is not yet clear.

A Sharp spokesman said it has not made any decision to accept other companies' investments.

Earlier this month, the Japanese LCD giant raised its full-year loss forecast to 450 billion yen, or about 5.7 billion U.S. dollars, which almost doubled its previous forecast, and from July to September. Restructuring costs up to $1.1 billion.

Sharp's stock price rose more than 10% this morning, while the Nikkei 225 index has not moved.