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Financial boost in exchange for a steady supply of displays

Dell, Qualcomm and Intel in talks to take a stake in Sharp

Sharp is in talks with a number of companies offering a stable supply of display technology in exchange for a financial boost.

According to the WSJ, Sharp has turned to negotiations with Dell, Intel and to a lesser extent Qualcomm, as its talks with Foxconn appear to be faltering.

The display vendor is apparently asking for an investment of $240 million from both Dell and Intel and a smaller undisclosed sum from Qualcomm.

Sharp has performed poorly in recent years, having posted losses for its second year in a row, its credit rating currently holds junk status and it has had to sell manufacturing facilities to raise money.

The embattled firm is reported to be placing its hopes on a new type of display technology, called IGZO after the new material used in its creation – Indium Gallium Zinc Oxide. This technology apparently offers a number of advantages over silicon-based screens, including lower power consumption, higher resolution and more sensitive touchscreens.

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