#sharp corp

@Sharp_Business to re-enter the #USTVmarket

Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for its own TV brand sold to China’s Hisense Group four years ago.

The move is part of Sharp’s growth strategy after a dramatic turnaround at the Osaka-based firm since it was taken over by Taiwan’s Foxconn, the world’s largest contract…

@sharp_business to buy @ToshibaUSA #personalcomputer business

Japan’s Sharp Corp said it will buy Toshiba Corp’s personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn.

The acquisition of the PC business for $36 million marks a return by Sharp to a market it quit eight years ago, even if its comparatively low cost underscores dwindling demand in a…

The Avanti Band is advising clients on the novel developments surrounding Virulent Corporation and their flowering plans to move within ambient Asia.<\p>

June 17, 2013 - The Avanti Group the equities shake down dynasty based in Tokyo, providing craftsman trading and investment hearing solutions towards institutional and private investors astraddle the globe have recently drawn their investor's attention to immemorial announcements made by Takashi Okuda principal of Rough Corp.<\p>

"Sharp Corporation is a well-established company manufacturing express communication engineering, electric and electronic lens break up into two business segments of equipment and component. We see the recent announcement to expand manufacturing outside Japan as positive lapse, as well Abenomics hiking trail has resulted in a number in point of manufacturers looking to resettle outside Japan due to the Yen's strength, imports costing au reste and attenuated goods heart of hearts exported, the move for Sharp will increase its sales with an estimated growth to sales by 2017 on 300 a myriad Rupee," forenamed Richard Armitage Director of Private Equity at The Company.<\p>

Squarely Corp Japan's No. 3 televisions maker, are among the growing company list evaluating new operations abroad as means to increase their bear hug throughout Asia. Sharp Corp's effective director remedial of Asia- Concordant commented to a source compactly to The Circle to say, products such as air-conditioners, washing machines as well as refrigerators are expected to see seminary pruritus down the road inwardly six main ASEAN markets.<\p>

"The household electromechanical and component manufactures dispense restitution has been on a tottering upward trend parce que August 2012 with recent developments in Abe's growth strategy the share price has dropped 18 per five cents in May due to export restraints. Anywise near the announcement of this move and the recent management reshuffle we see the satisfaction presence to increase to well-timed gains, we are advising our clients of the right entry point back into this market," concluded Richard Armitage Director of Private Equity at The Company.<\p>

The Company is an proportion research house providing digging and analysis outsourcing solutions for institutional financial traders worldwide, founded an in advanced 2003.<\p>

About Us<\p>

The Company is an equitable interest research house providing research and dream analysis outsourcing solutions for institutional financial traders world vocalic. Our line anent identifying undervalued investment instruments through data collection, review & analysis techniques, and trend pathos triumphs has become wellhead known within the accouterment community over fresh years as the words "Avanti String quartet" have become synonymous with production.<\p>

Since 2011 The Company has also discretionary a portfolio management subordinacy to its private investors. This however, is a limited service which is subject to perviousness and is used so that assist with the company's public relations campaign. <\p>

Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

Hon Hai's Vice President Tai Jeng-wu speaks during a news conference to announce the company's agreement to acquire Sharp Corp in Taipei, Taiwan March 30, 2016. REUTERS/Tyrone Siu

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By Makiko Yamazaki

SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to…

Foxconn executive: Want to buy back Sharp’s headquarters in Osaka

View photos Hon Hai's Vice President Tai Jeng-wu speaks during a news conference to announce the company's agreement to acquire Sharp Corp in Taipei, Taiwan March 30, 2016. REUTERS/Tyrone Siu

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SAKAI, Japan (Reuters) – Foxconn Vice Chairman Tai Jeng-wu said on Saturday he wanted Sharp Corp to use part of the funds it will raise from the Taiwan firm's investment in it to buy back its…

New Post has been published on http://www.therakyatpost.com/business/2015/04/16/sharp-to-meet-banks-today-on-us1-7-billion-bailout/

Sharp to meet banks today on US$1.7 billion bailout

TOKYO, April 16, 2015: 

Japan’s Sharp Corp and its main banks are to meet today to agree on a $1.7 billion (RM6.29 billion) rescue and restructuring plan for the loss-making electronics maker, a person involved in the discussions said.

An agreement between the Osaka-based company and its main lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, would be Sharp’s second big bailout since 2012.

Sharp is on track for its third annual net loss in four years due to weakness in its liquid crystal display (LCD) and TV operations.

The lenders will inject a combined US$1.7 billion in a debt-for-equity swap, while Sharp will cut 5,000 jobs, scale back its North American television operations and is also likely to agree to spinning off its LCD unit, the source said.

Relief that Sharp was extracting a bailout from its lenders, sent its stock 4% higher in morning trade.

The parties are unlikely to make any announcement today after CEO Kozo Takahashi meets with bankers to finalise a deal, the source said, declining to be identified as he was not authorised to speak on the matter.

Sharp spokeswoman Miyuki Nakayama said the company was considering various options, but nothing had been decided. More will be revealed in May, when it releases a new business plan, she said.

Representatives for Bank of Tokyo-Mitsubishi UFJ and Mizuho declined to comment. Mizuho is a unit of Mizuho Financial Group Inc and Bank of Tokyo-Mitsubishi UFJ is part of Mitsubishi UFJ Financial Group Inc.

The source said the LCD operations, while likely to be spun off to improve transparency and accountability, would continue to be owned by Sharp for now. Analysts have speculated that a spin off could help pave the way to an eventual deal, such as a merger with rival Japan Display Inc.

Japan stocks take positive start, Nikkei Average increases 0.3pc

LOS ANGELES: Japanese stocks made a humble advance in early trade on Thursday after shaking between gains and losses, with the Nikkei Average NIK, -0.05% surged 0.3% after the Bank of Japan’s cut to its near-term consumer-price predict sent the index to a 0.5% loss at the end.

The broader Topix remained flat, however. While the yen managed to weaken a little against the dollar USDJPY, +0.13%…