SHCAY Sharp Corporation (PK)

Struggling Sharp Corp. (6753.TO, SHCAY) is in final talks with Intel Corp. (INTC) to receive around Y30 billion to Y40 billion of investment as the Japanese company seeks to improve its financial standing, Kyodo News reported Tuesday, citing people close to the matter.

Sharp is also in talks with U.S. telecom giant Qualcomm Inc. (QCOM) on a capital and business tie-up, they said.

Sharp, which is aiming to turn its business around by expanding its supply of advanced Igzo power-saving liquid crystal display panels, is also mulling forming business alliances for the panels with several companies including Apple Inc. (AAPL), Google Inc. (GOOG) and Microsoft Corp. (MSFT).

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