Could Samsung’s $111 Million Sharp Investment Impact Apple?

view full story

http://www.thevarguy.com – Samsung has plunked down $111 million for a 3 percent stake in Sharp, the financially struggling iconic Japanese display maker, in a rare cross-border transaction that immediately slotted the Korean manufacturer among Sharp’s major shareholders. The parties, who formed a capital alliance to make the deal, expect it to close later this month. It’s the second recent notable capital infusion for Sharp–last December, Qualcomm (NASDAQ: QCOM) ponied up $120.4 million in a deal to develop new mobile device screens with extended battery life and snappier displays. But Samsung’s agreement w (IT news)