Jun 1, 2015

Sharp paid board members more last year despite huge losses

Despite incurring huge losses in its slumping liquid-crystal display and solar panel businesses, struggling electronics firm Sharp Corp. paid its board members more last fiscal year than the previous year, a document showed Monday. Sharp doled out a total of ¥313 million ($2.5 million) ...

Giants Sharp, Toshiba face dire prospects

| May 25, 2015

Giants Sharp, Toshiba face dire prospects

by Tomoyuki Tachikawa

Several electronics makers have regained profitability largely thanks to restructuring measures and the weakening of the yen, but Sharp Corp. and Toshiba Corp. are unlikely to catch up with their domestic rivals soon. Struggling Sharp’s latest rehabilitation plan got a cold reception from the ...

May 21, 2015

Innovation Network plans to reject Sharp's request for funding

Innovation Network Corp. of Japan plans to reject Sharp Corp.’s request for an investment because of concern it would face opposition from Apple Inc. and antitrust regulators, according to a person familiar with the matter. The state-backed fund already supports Japan Display Inc., which ...

Apr 23, 2015

Sharp's ¥200 billion bailout approved by Mizuho, BTMU

Sharp Corp. has effectively been given the green light to receive ¥200 billion ($1.7 billion) in financial support from its two main creditor banks on condition it engages in more drastic restructuring, sources close to the matter said Thursday. Mizuho Bank and the Bank ...

Sharp forecasts return to profit in solar business next year

Mar 31, 2015

Sharp forecasts return to profit in solar business next year

Sharp Corp. said its energy solutions business will probably return to profit next fiscal year as it shifts to sales of solar panels and batteries to households in Japan. The maker of smartphone displays, televisions, appliances and solar cells will invest ¥1.4 billion by ...

Mar 21, 2015

Hon Hai takes another look at Sharp

Taiwan’s Hon Hai Precision Industry Co., also known as Foxconn, might make another offer to invest in ailing Sharp Corp., according to a Hon Hai source. In March 2012, the two electronics makers agreed that Hon Hai would invest about ¥67 billion in Sharp ...

Sharp mulls ending overseas TV output except for China

Mar 6, 2015

Sharp mulls ending overseas TV output except for China

Sharp Corp. is considering ceasing all overseas production of LCD televisions with the exception of operations in China as it tries to improve the picture for its flickering TV business, sources close to the matter said. The ailing electronics maker has suffered multiple years ...

Court rules Sharp cannot monopolize Igzo brand name

Feb 26, 2015

Court rules Sharp cannot monopolize Igzo brand name

The Intellectual Property High Court in Tokyo has ruled that Sharp Corp., which markets display panel technology for smartphones and other devices under the Igzo brand name, does not have exclusive rights to the term. Sharp had sought the withdrawal of an earlier decision ...