Toshiba likely to sell white goods biz to foreign rival

Feb 6, 2016

Toshiba likely to sell white goods biz to foreign rival

With Sharp Corp. increasing its chances of making turnaround under the sponsorship of Taiwan’s Hon Hai Precision Industry Co., another troubled Japanese electronics manufacturer, Toshiba Corp., is now seen as more likely to sell its white goods business to a foreign rival. Innovation Network ...

Jan 12, 2016

Sharp to seek additional financial assistance from creditor banks

Sharp Corp. is planning to ask its major creditor banks for ¥150 billion in additional assistance, in line with a rehabilitation plan under a government-backed corporation turnaround fund, sources said. Under the restructuring plan of the Innovation Network Corp. of Japan, the struggling electronics ...

Nov 17, 2015

Sharp's air purifying technology found effective against bird flu

Sharp Corp. says its air purifying technology is effective in inhibiting bird flu virus. The electronics maker said Tuesday it plans to develop air cleaners and air conditioners using its Plasmacluster Ion technology to help protect humans from the disease. In joint research with ...

Jul 15, 2015

Sharp to improve safety of front-loading washing machines

Sharp Corp. will try to improve the safety of its front-loading washing machines for children, in the first move by a Japanese manufacturer to address the matter after a 7-year-old boy got stuck inside one in Tokyo in June and died. The Osaka-based Sharp ...

Sharp shares plunge on capital reduction reports

May 11, 2015

Sharp shares plunge on capital reduction reports

Sharp Corp. shares briefly tumbled by the daily limit of ¥80 on the Tokyo Stock Exchange on Monday morning, to slip below ¥200 for the first time since December 2012. The 31 percent fall to ¥178 per share came following reports that the struggling ...