Qualcomm Makes Equity Investment In Sharp

[Techtaffy Newsdesk]

Sharp is getting a much-needed capital injection from Qualcomm. The roughly $120 million equity investment involves developing a MEMS (Micro Electro Mechanical Systems) display with Pixtronix, a subsidiary of Qualcomm. The capital will be used for the development of MEMS display and necessary capital investments.

The MEMS display to be developed jointly by the two companies is a display using ultrafine process technology and existing display manufacturing infrastructure with features including high color reproducibility and low-power consumption. The development for commercialization of MEMS display will be achieved by integrating Sharp’s core display technology, IGZO  and MEMS display technology of Pixtronix. IGZO (InGaZnO) is an oxide comprising indium (In), gallium (Ga), and zinc (Zn). A thin-film transistor using this material has been developed by Sharp in collaboration with Semiconductor Energy Laboratory in Japan.

Sharp and Qualcomm are also considering the possibility of  using chipsets made by Qualcomm Technologies,  a wholly-owned subsidiary of Qualcomm and IGZO-based display technology for lower power consumption and higher performance of mobile terminals.


Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.