Nikkei: Sony to invest massively in Sharp LCD Unit
Japanese business daily Nikkei has reported that consumer electronics giant Sony is planning to invest around a billion dollars in the LCD unit of Sharp.
Sony had announced last year that they were planning to acquire a 34 percent stake in the joint venture with Sharp.
The [...]
Sharp heading for a major loss too
Japanese consumer electronics manufacturer Sharp has announced that they are going to cut 1,500 contract workers in Japan by the end of March.
The company also said that they are heading towards a major loss in the current financial year.
This would be a first for the company in [...]
Sharp to enter china mobile market with high end mobile phones
Japanese tech giant Sharp has said that they are now entering the Chinese mobile phone market.
The company would target the upscale customers as they see no point in competing with Nokia and Samsung in the cheap mobile phone segment.
The first of their mobile phones would [...]
Sony and Sharp working together to procure LCDs
Sony and Sharp might be competitors but market situation has brought them together.
The two companies would now work in collaboration to procure liquid crystal displays.
Market sources say that Sony would now invest 100 billion yen in a plant being set up by Sharp to make panels for flat [...]
Samsung Electronics sues Sharp over LCD related patents
South Korea based consumer electronics giant Samsung has announced that they are now suing Sharp Corp for patent infringement.
These patents are related to LCD technologies. Samsung is the world’s top maker of LCD display panels.
Samsung spokesman James Chung spoke on these new developments: “We are countersuing Sharp in [...]
Toshiba and Sharp to work together to manufacture LCDs
Toshiba and Sharp are rival companies in the Japanese market but they are now joining hands to become a dominating force in the LCD market.
The two companies are scheduled to release more details about their collaboration in the near future.
The Japanese companies face intense competition from companies [...]
