Qualcomm, Sharp, Foxconn will become a new triangle chain in the industry, says Foxconn chairman

Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES [Wednesday 5 December 2012]

Commenting on Qualcomm's investment in Sharp, Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Guo, on December 5, pointed out that Sharp notified Foxconn about the investment prior to its announcement and he expects the partnerships between Qualcomm, Sharp and Foxconn will become a new triangle chain in the industry.

Guo is optimistic about Qualcomm's move and believes Qualcomm's MEMS technology and Sharp's IGZO technology can both be improved through the cooperation, adding the two firms could even jointly develop next-generation manufacturing technology together.

Guo also noted that Qualcomm and Sharp are currently developing next-generation wireless communications products The cooperation on technology development, added with Foxconn's product manufacturing ability, means the relationship will allow the three companies to all benefit.

Foxconn still has rights to acquire a 9.9% stake in Sharp, and the two companies' agreements are viable until March 31, 2013. Foxconn is expected to make a decision before then.