NEWSWORTHY
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 ...
Hon Hai's Terry Gou plots move beyond iPhone assembly to AI and big data
Hon Hai Precision Industry Co. Chairman Terry Gou says that over the next few years he plans to focus the company’s direction on artificial intelligence and big data.
Sharp returns to black in April-December period for first time in four years
Sharp Corp. reported Wednesday a consolidated net profit of ¥55.38 billion ($509 million) for the nine months through December, its first black ink for the period in four years due to recovering sales and cost cutting. In the latest evidence of a remarkable turnaround under ...
Sharp Corp. said Saturday it will appoint three co-CEOs on Jan. 1 to lead the electronics maker alongside its sole CEO and President Tai Jeng-wu. The new chief executive officers, all chosen from within Sharp's upper management, will be candidates to succeed Tai, who was ...
Sharp to appoint three co-CEOs in January following return to TSE's first section
Sharp Corp. will appoint three co-chief executive officers at the start of 2018 to lead the electronics maker alongside president and current sole CEO Tai Jeng-wu, company sources said Friday. The new co-CEOs, all chosen from within Sharp's upper management, will be candidates to succeed ...
Resurgent Sharp returns to TSE's first section after 16-month absence
The electronics giant, recovering under the wing of new parent Hon Hai Precision Industry Co., had been demoted about 16 months earlier to the second section.
