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Foxconn-Sharp partnership
Foxconn has taken over Sharp, and is keen on rejuvenating the Japanese brand.
IN THE NEWS
Monday 17 September 2012
Commentary: Falling TV and handset sales tangle Sharp in financial woes
Japan-based Sharp is in deep financial trouble, lacking cash to pay back short-term loans. In addition, Sharp's business structure and the shrinking global economy mean it will be...
Friday 14 September 2012
Proportion of 50-inch and above LCD TVs to increase in 2013, says Digitimes Research
The proportion of overall LCD TV sales for TVs sized 50-inch and above is expected to increase from 5% in 2012 to as high as 15% in 2013 due to decreasing prices, according to figures...
Friday 14 September 2012
Market observers hold mixed views on Sharp TV growth in 2H12
Market observers hold mixed views about Sharp's TV growth in the second half of 2012 due to decreases in the company's TV shipments during the first half as well as reduced targets...
Monday 10 September 2012
Sharp, LG slash large-size LCD TV prices in North America
Japan-based TV brand Sharp recently lowered its price of 60-inch LCD TVs in the North America market. To compete, LG Electronics decided to reduce the price of its 55-inch LCD TVs...
Friday 7 September 2012
Foxconn president needs to negotiate cooperation deal with Sharp, says Acer founder
Terry Guo, president of the Foxconn Group, is under pressure to negotiate an investment and business cooperation agreement with Japan-based Sharp. Guo must succeed as the result of...
Thursday 6 September 2012
Sharp puts of collateral as share price tumbles
Sharp's share price fell in trading by as much as 7.2% to JPY194 (US$2.47) on Thursday (September 5), increasing the company's decline so far in 2012 to 71%.
Monday 3 September 2012
Foxconn aiming to get involved in Sharp operations
After rumors that Foxconn Electronics (Hon Hai Precision Industry) and Sharp's cooperation plans may fail started circulating because Foxconn chairman Terry Guo did not attend a scheduled...
Friday 31 August 2012
Foxconn denies rumored issues concerning Sharp cooperation
Terry Guo, chairman of Foxconn Electronics, failed to attend a scheduled press conference in Japan on August 30 to announce details of its investment in Sharp, sparking rumors that...
Wednesday 29 August 2012
Reported Sharp and Foxconn Electronics 60-inch TV to be priced US$1,199
Sharp and Foxconn Electronics are reportedly preparing to release a 60-inch TV which will feature 1080p resolution and a price tag of US$1,199 in North America soon, according to...
Wednesday 8 August 2012
Sharp and Foxconn new 60-inch TV to pose challenges for Korean rivals
Sharp and Foxconn's new 60-inch TV model that is rumored to be released later in 2012 may pose strong challenges for high-end models made by Samsung Electronics and LG Electronics...
Tuesday 7 August 2012
People should focus on the new business mode created by Foxconn/Sharp cooperation, says Acer founder
Acer founder Stan Shih, commenting on Foxconn Electronics' (Hon Hai Precision Industry) investment in Japan-based Sharp, pointed out that people should turn their focus from Sharp's...
Monday 6 August 2012
Foxconn reiterates agreement to take a stake in Sharp with price to be renegotiated
Taiwan-based Foxconn Electronics (Hon Hai Precision Industry) has reiterated that it has reached an agreement with Sharp to renegotiate the prices for purchasing a stake in the Japanese...
Friday 3 August 2012
Sharp to cut 5,000 jobs as losses continue
Sharp has announced that it will cut 5,000 jobs, as it reported losses for its fiscal first quarter (ended June 30, 2012) and lowered its sales forecast for fiscal 2012.
Tuesday 31 July 2012
Foxconn and Sharp to release new TV model, says sources
Foxconn Electronics and Sharp will soon be releasing a new LCD TV in the Taiwan market using a new brand name, according to sources. The new model is rumored to be 60 inches in size...
Friday 20 July 2012
Foxconn is reportedly aiming to acquire board seat at Sharp
Foxconn Electronics (Hon Hai Precision Industry), after receiving three board seats in Sharp Display Product (SDP) on July 17, is now reportedly aiming to acquire seats in SDP's parent...