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Topic - Sharp Corp.
Samsung Electronics Co. said Wednesday it will invest 10.4 billion yen ($111.5 million) in Sharp Corp. to secure a supply of large-size LCD panels.
Japanese electronics makers Panasonic Corp. and Sharp Corp. both stuck to full year forecasts for massive losses even as results for the latest quarter got a boost from the weaker yen.
Japanese electronics maker Sharp Corp. has reduced its quarterly losses but its outlook remains challenging.
Sharp is jumping on the "ultrahigh definition" bandwagon by introducing two super-clear TVs and one ultra-HD computer monitor that will give PC users something to brag about to Apple fans in love with the high-resolution Retina display.
Sharp Corp. says Qualcomm Inc. will become a shareholder with an investment of up to 9.9 billion yen ($120 million) that will fund joint development of new LCD screens for mobile devices.
Sony Corp. reported Thursday a smaller flow of red ink for the fiscal second quarter on a sales recovery and restructuring efforts and stuck to its full year forecast for a return to profit from its worst loss in company history the previous year.
Moody's Investors Service has downgraded Sharp's short-term ratings to the lowest "Not Prime" category, citing the Japanese electronics maker's debts and price drops in its main product, liquid-crystal displays.
Japanese electronics maker Sharp Corp. is slashing 5,000 jobs over the next year, or nearly 9 percent of its global workforce, after its quarterly loss ballooned from a year earlier.
It looks just like iRobot's Roomba vacuuming machine, except the new circular roaming vacuum cleaner from Sharp Corp. is trilingual, and even knows a hip humorous dialect.
Taiwan electronics manufacturer Hon Hai Precision Industry Co. is taking a 10 percent stake in struggling Japanese electronics company Sharp Corp. for about $806 million.
Taiwan electronics manufacturer Hon Hai Precision Industry Co. is taking a 10 percent stake in struggling Japanese electronics company Sharp Corp.
Sharp said its annual profit more than quadrupled due to brisk demand for liquid crystal display screens but warned the earthquake and tsunami that hit Japan last month will have a "broad" impact on its business.
A strong yen forced Japan's Sharp Corp. to cut its earnings forecast even as first-half profit rebounded on improved sales of home appliances, Blu-ray disc players and flat-screen TVs.