Jul 29, 2016

Sharp narrows operating loss to ¥2.52 billion in first quarter

Sharp Corp., restructuring under Taiwan’s Hon Hai Precision Industry Co., reported on Friday a group operating loss of ¥2.52 billion ($24.3 million) for the April-June quarter after another poor performance from its core liquid crystal display business. That’s much smaller than the ¥28.76 billion ...

Sharp releases portable 'robot' phone

May 26, 2016

Sharp releases portable 'robot' phone

Sharp Corp. on Thursday began selling a humanoid robot phone armed with artificial intelligence features and carrying a price tag of ¥213,840 (about $2,000). The electronics maker is producing 5,000 units of the product, called RoBoHoN, per month. The launch of the phone is ...

May 12, 2016

Sharp's losses, liabilities underscore challenge for Hon Hai

Sharp Corp. posted a second straight annual loss and said its liabilities exceeded its assets, highlighting the turnaround challenge facing new owner Hon Hai Precision Industry Co., also known as Foxconn Technology Group. The net loss was ¥256 billion in the year ended March, ...

Sharp may tap Hon Hai vice chairman Tai as new chief

May 12, 2016

Sharp may tap Hon Hai vice chairman Tai as new chief

Electronics maker Sharp Corp., currently undergoing restructuring in a buy-out by Taiwan’s Hon Hai Precision Industry Co., is looking to appoint a close aide of Hon Hai’s chief as its new president, sources close to the matter said Thursday. Tai Jeng-wu is vice chairman ...

Sharp to move headquarters to Sakai plant operated with Hon Hai

May 4, 2016

Sharp to move headquarters to Sakai plant operated with Hon Hai

Sharp Corp. is considering moving its headquarters to a plant in Osaka Prefecture, jointly operated with Taiwan’s Hon Hai Precision Industry Co., which has agreed to take over the struggling electronics maker, sources close to the matter said Wednesday. The envisaged relocation within the ...

Sharp mulls cutting another 1,000 jobs

Apr 28, 2016

Sharp mulls cutting another 1,000 jobs

Struggling electronics maker Sharp Corp. is considering cutting about 1,000 additional jobs to help reduce costs, sources familiar with the matter said Thursday. Jobs may be cut in loss-making units such as the solar cell section, the sources said. The company, however, has not ...