Tech Companies News Byte: Sharp to Raise 100 Billion Yen Through Share Sale

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Tech Companies News Byte: Sharp to Raise 100 Billion Yen Through Share Sale

Tech Companies News Byte: Sharp to Raise 100 Billion Yen Through Share Sale
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Tech Companies News Byte: Sharp to Raise 100 Billion Yen Through Share Sale

Wochit 1:25 mins

Kyodo reports Japanese display maker Sharp Corp plans to raise about 100 billion yen , or $994 million, through a share sale. The company, which supplies to Apple Inc, has 200 billion of yen convertible bond due in September. Sharp plans to raise around 90 billion yen through a public stock offering by the end of September and up to 10 billion yen by selling shares to housing equipment maker Lixil Group Corp. Google CEO and co-founder Larry Page has said that Kleiner Perkins partner and legendary technology investor John Doerr "sees the future first." He's backed companies like Amazon, Intuit and Google. We're thrilled to announce that Doerr will be taking the stage to talk about what the future looks like at TechCrunch Disrupt SF in September. Tickets are on sale and currently available with an early bird discount. Every single time Nokia unveils a new smartphone or reports numbers of any kind, a familiar question is raised: What if Nokia had switched to Android instead of Windows Phone? This was a fun game to play for a few months after Nokia first announced it would dump Symbian and MeeGo in favor of Microsoft's mobile platform, but now that ship has sailed.

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