Intel may take a 30 billion yen investment in Sharp by the end of the month, the 30 billion yen is less than 10% of what Sharp expects to lose this year.
There was also a report that Qualcom may also do something.
In another report Ming the Merciless aka Terry Guo is providing a personal guarantee for HonHai to move foward with his purchase of Sharp's 10th gen LCD plant. It's reported for about 19 billion yen. Keep in mind that Sharp is expected to lose 450 billion yen this year. Thus that's 5.6 billion US dollars!
Money from Intel and Hon Hai is only 49 billion yen.
Another report states that Sharp will raise production at it's Kameyama No. 2plant to near 100%, this plant produces the IGZO screens for Apple's Ipad tablet.
Sharp is banking on IGZO as the revival of it's fortunes.
Funny, nothing about MFP's to help get Sharp out of the mess it's in.