NEWSWORTHY
CES 2019: Chinese tech firms keep low profile amid trade tensions
The CES 2019 gadget show, which kicked off Sunday, will showcase the expanding influence and sway of China's rapidly growing technology sector. But some of its firms are stepping back from the spotlight amid rising U.S. national security concerns over Chinese tech and a ...
Electronics maker Sharp Corp. has said it will spin off its semiconductor business, possibly in April 2019. The move is aimed at establishing a structure that enables prompt management decisions and the active introduction of outside resources through tie-ups with other firms. Sharp will set up ...
Japanese electronics firms look to re-engineer their design mojo
Akihiro Adachi, a 31-year-old audiovisual equipment designer at Panasonic Corp., longed for some personal space during his lengthy train rides from Osaka to Tokyo. So when his company set out to encourage innovation, he joined with some colleagues and came up with Wear Space, ...
Former unit of Toshiba's PC business aims for IPO in 2021 fiscal year
Toshiba Client Solutions Co., a former unit of Toshiba Corp.'s personal computer business that's now owned by Sharp Corp., is aiming for an initial public stock offering during the 2021 business year, company officials said. Toshiba Client Solutions wants to create corporate value that ensures ...
Labor union says 3,000 foreign workers laid off at Sharp plant in Japan
The companies told the labor union the job cuts resulted from Sharp’s cutback in production of liquid crystal display panels for smartphones.
Sharp lifts FY 2018 net profit outlook despite lower sales forecast
Sharp Corp. on Tuesday raised its net profit outlook for the current business year due to cost-cutting, and despite lowering its sales forecast. Sharp cut its sales projection for the year through March to ¥2.69 trillion ($24 billion) from a previous estimate of ¥2.89 trillion, ...
Sharp Corp. has completed its acquisition of Toshiba Corp.'s personal computer business, marking a return to the PC business after pulling out eight years ago. Aiming to nurture the PC operation as a new revenue source, Sharp will take over Toshiba's high-profile Dynabook brand and ...
Sharp Corp.'s RoBoHon, a small humanoid robot with artificial intelligence features, will accompany tourists in taxis in Kyoto and offer sightseeing guidance in Japanese, Chinese and English starting Sept. 22, the service providers said Tuesday. Sharp, Kyoto-based taxi operator MK Co. and travel agency JTB ...
Sharp's net profit rises 32% as cost-cutting efforts pay off
Sharp Corp. said Tuesday its group net profit in the April to June period rose 32.6 percent from a year earlier to ¥19.20 billion ($172 million) as cost-cutting efforts paid off in its display business. Group operating profit in the first quarter of fiscal 2018 ...
Sharp's lens unit CEO sees path to defying smartphone slowdown
The mobile phone industry may be in a midst of a slump, but a unit of Sharp Corp. is forecasting growth thanks to the race by smartphone makers to wow customers with high-quality photos. Kantatsu Co., a maker of camera lenses for Apple Inc. and ...
Sharp posts first net profit in four years on solid LCD sales
Sharp Corp. said Thursday it posted its first group net profit in four years in fiscal 2017, helped by its core liquid crystal display business. Showing a remarkable turnaround under restructuring led by parent Hon Hai Precision Industry Co., Sharp logged a consolidated net profit ...
Sharp streamlines Malaysian operations under Hon Hai leadership
Electronics firm Sharp Corp. has merged two Malaysian arms to streamline business operations in the Southeast Asian country in line with restructuring policy under Taiwanese parent Hon Hai Precision Industry Co. Sharp Electronics Malaysia, a manufacturing and sales unit of the Osaka-based company, absorbed Sharp ...
