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The company is making the investment through its subsidiary Pixtronix.
Qualcomm acquires a display tech company that may help it advance its development of mirasol displays for smartphones and tablets.
At Ceatec, Hitachi Displays unveils a prototype display, developed with a U.S. company, that uses microelectromechanical systems, or MEMS, technology.
The U.S. chipmaker is set to become Sharp's biggest shareholder when it follows through with the remainder of its $120 million investment.
Reports suggest that Sharp may soon be under even more financial pressure as production delays result in missed investment deadlines under a $120 million pact.