Trending Stocks in the News – Qualcomm Inc (NASDAQ:QCOM) and Sony Corp (NYSE:SNE)
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Sony Corp (NYSE:SNE)’s most desired Sony Xperia Z and Xperia ZL, are planned to see the light of day in India shortly. Both of the devices are available for preorders at the e-commerce site Flipkart, against the sum of Rs 38,990 and Rs 35,990, respectively. The featured website is expecting the duet to come out as late as the 3rd week of March.
What Are SNE’s Charts Signaling for Traders? Find Out Here
The Sony Xperia Z is blessed with a 5-inch full HD 1080p Reality Display and is powered by a Snapdragon S4 Pro quad-core processor, while the device’s Reality Display is powered by Mobile Bravia Engine 2. The product also has a 13 megapixel camera. According to the company statement, the device has been equipped with a Battery Stamina Mode, which will enhance the standby timing of the set by four times.
Should SNE be a Buy or Sell Now? Find Out Here
Samsung, on the other hand, is planning to vest a sum of$110 million in Sharp Corp so that it can ensure a stable supply of TV panels. The potential purchase’s shares went on to grow as much as 19 percent in early trade on the news.
The investment decision will help the Galaxy maker to attain a 3 percent stake in the Japanese LCD maker. This information was publicized by Reuters initially. The company has become the leading shareholder in Sharp, along with Qualcomm Inc (NASDAQ:QCOM), which is another noted chipmaker.
Can QCOM Show a Strong Recovery? Find out in This Research Report
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