Foxconn's Hon Hai Precision Industry Co. said it was still committed to buying a stake in Japanese display maker Sharp, and expects an investment could be completed within three months if a price can be agreed on.
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain.
Fujitsu has paid £800 million (US$1.2 billion) into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday.
Sharp will postpone a US$60 million investment from Qualcomm that was to come this month, after the two companies were unable to establish test production of a new type of low-power display for mobile devices.
Qualcomm has a big, well-funded research and development operation, but its program for commercializing new innovations is still a learning experience for the wireless chip maker.
Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display maker securing a US$110 million investment to supply LCD panels to rival Samsung Electronics.
Japan's Sharp has secured a US$110 million lifeline investment from Samsung Electronics, and agreed to become a major supplier of screens for the South Korean company's growing electronics empire.
While some of the most successful consumer Internet companies are capturing the headlines today, more than 70 per cent of venture exits in the last two years valued at over $500 million have been in the enterprise sector.
Intel Capital has invested in software-defined networking company Big Switch Networks, as it hopes to help the company change the way data centers are networked.
Former Atari Interactive CEO Frédéric Chesnais has decided to take a 25.23% stake in the company in a bid to save it from bankruptcy, Atari announced on Tuesday.
Hailo, the U.K.-based developer of taxi-hailing mobile apps, has landed fresh investment from KDDI, one of Japan's largest mobile operators.
AT&T will buy mobile spectrum in the 700MHz band from Verizon Communications for US$1.9 billion, AT&T said Friday.
Virtualization software provider VMware has invested US$30 million in Puppet Labs, which makes a widely used, open-source operations management software package called Puppet.
Japan's Softbank has sold off a large portion of a local carrier it acquired just weeks ago, as it looked to assuage fears over its expanded control of Japan's wireless spectrum.
Cisco Systems and NXP Semiconductors have both invested in connected car equipment vendor Cohda Wireless, as they look to make the Internet of things a reality and take a piece of a quickly growing market.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.