SoftBank's investment plan emerged amid its negotiations to acquire part of Sharp's Sakai plant to build an AI data centre, but the two companies are seen disagreeing over the terms, Kyodo said.
It also reiterates the company's commitment to "serve our immediate strategic interest in India to help set up world-class display fab that comes with immense experience and track record of Sharp's leadership in core engineering and provenness", Wu added.
Foxconn, the world's largest contract electronics maker, reported a 56% plunge in first-quarter net profit, due to a T$17.3 billion ($553 million) writedown related to its 34% stake in Japanese electronics maker Sharp.
The Sharp Aquos R7’s price is yet to be revealed, while the phone will be available for purchase in Japan in July 2022. It will be available in black and silver colours. However, the device will launch exclusively in Japan.
It also debuts as the lightest 5G phone with a display that exceeds six inches.
Here are the biggest developments in the world of technology from the week ending May 22.
The R6 is the first smartphone in the world to use a 1-inch camera sensor.
Toshiba had a minority stake of 19.9 percent until last week before it transferred them to Sharp.
The Sharp Aquos Zero 2 was recently unveiled in Taiwan and will cost roughly Rs 55,550
Users with smartphones that support higher refresh rates will also have an advantage in gaming.
The display also features HDR 10 support and Dolby Vision.
Since its inception, iPhone X screens have been provided by Samsung. To overcome this dependency, Apple is taking a keen interest in Sharp.
Canada's biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labor standards, clashing with Mexican business leaders who argued that workers rights were a matter for each country to resolve internally.
Google and Amazon joined a list of potential buyers eyeing Toshiba's lucrative memory chip business as the Japanese conglomerate seeks bidders to cover huge losses, a newspaper said today.
The board of the ailing electronics maker concluded a two-day meeting to discuss whether to accept an offer by the world's largest contract electronics manufacturer over a rescue by a state-backed investment fund.
Sharp has chosen Foxconn as its preferred bidder in takeover talks. One source said Sharp's board on Thursday had voted 13-0 to negotiate with Foxconn instead of a state-backed Japanese fund, the Innovation Network Corp of Japan.
Hon Hai, also known as Foxconn and one of Apple's key iPhone assemblers, offered over 700 billion yen (USD 5.9 billion) for Sharp, more than double the amount of investment proposed by the fund, according to Japanese broadcaster NHK.
Innovation Network Corporation of Japan (INCJ) is offering to invest 300 billion yen (USD 2.6 billion) in Sharp, while banks were expected to offer up to 350 billion yen in financing including 150 billion yen in a debt-to-equity swap, the sources with direct knowledge of the talks told Reuters.
Toshiba is looking to merge its white goods segment with its counterpart at Sharp or another Japanese home electronics manufacturer, the newspaper said.
With a 9.9 mm aluminum frame, the Mi TV 2S is said to be almost as thin as the Mi 4 smartphone.
If one looks at the first half of this calender year, private equity funds have invested just over Rs 1,600 crores in the real estate space. This is a sharp 46 percent lower than in the first half of 2012.
YouTube will bring its mobile/TV pairing feature to devices from Bang & Olufsen, LG, Panasonic and Sony at this year's CES. Francisco Varela...
Japan's megabanks have posted steep falls in first-half profits, as losses on their vast stock portfolios offset gains from trading bonds.
Sony Corp CEO Kazuo Hirai has spent $1.8 billion in the past three months snapping up an assortment of businesses such as medical equipment and cloud gaming,
Japan's Nikkei average fell to a four-week closing low on Friday as resources-related shares remained under pressure on concern over slowing China growth, while Sharp Corp sank on uncertainty over a tie-up with Taiwan's Hon Hai Precision Industry.