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Sharp

85-inch Sharp 3D Glasses-Free 8K TV

For when 4K just isn’t enough, Sharp unveils 85-inch 8K 3D TV

January 6th, 2014

Sharp on Monday at CES 2014 unveiled a new 85-inch 8K TV that also offers glasses-free 3D video playback. The company says that the 8K TV has been created together with Philips and Dolby and will offer users a “lifelike 3D picture” without requiring glasses. The television set will offer a resolution of 7680 x …

Sharp Earnings

As Apple sales slow, Sharp looks to Samsung as its savior

May 14th, 2013

Sharp needs help. The consumer electronics company on Tuesday posted a worse-than-expected $5.4 billion loss for the previous fiscal year, and it released its plan to turn things around over the coming three years. For one thing, the company intends to tap banks for $1.5 billion in funds. Sharp also said it will look to …

Sharp layoffs: Recovery plans

Sharp reportedly axes 5,000 employees, shifts focus to smartphone displays

May 10th, 2013

Sharp will reportedly be laying off 5,000 employees as part of a three-year recovery plan to turn the company around. According to The Asahi Shimbun, the number of directors and advisory positions will be cut in half, and the number of employees at Sharp’s main office in Osaka, Japan will be reduced by 50%. Additional layoffs …

Samsung Sharp Investment Analysis

Apple reportedly threatened by Samsung’s Sharp investment

March 11th, 2013

News of Samsung’s (005930) strategic investment in Sharp emerged last week, and it looks like there maybe be some added benefits for Samsung beyond strengthening its relationship with the struggling panel maker. According to market analysis firm Trefis, Samsung’s $110 million investment in Sharp is also a dirt cheap way for the South Korean company to …

Samsung Sharp Investment

Samsung buys into key Apple supplier with $110 million Sharp investment

March 6th, 2013

Samsung (005930) is reportedly set to buy a 3% stake in struggling panel maker Sharp Corporation for approximately $110 million. The deal will ensure Samsung sees “a smooth supply of large-sized TV panels and help bolster the Japanese company’s chances of survival,” Reuters reported on Wednesday. “Rather than the amount of investment, it is the partnership with …

Sharp starts production of 5-inch smartphone displays with 1080p resolution

October 1st, 2012

Sharp (SHCAY) announced on Monday it has begun production for the next generation of smartphone LCD panels. Measuring at 5-inch in diagonal width with a 443 pixel per inch (PPI) density, Sharp’s new LCDs will sport a whopping full-HD resolution of 1920 x 1080. Sharp says the new display uses “CG-Silicon technology” to fit “the same …

iPhone 5 supply might finally catch up to demand

September 28th, 2012

When the iPhone 5’s opening-weekend sales only reached 5 million units instead of the sky-high estimates some Wall Street analysts’ offered ahead of launch, investors panicked and Apple’s (AAPL) stock took a hit. Some might say the record-setting sales figure is still “epic,” but Apple bulls whose projections overshot actual sales were quick to blame the …

Sharp plans to eliminate 11,000 jobs, raise $2.74 billion by selling assets

September 25th, 2012

Sharp (SHCAY) plans to lay off 11,000 employees and generate $2.74 billion by selling off various assets, according to a leaked memo obtained by Japanese news organization Kyodo News. The troubled Japan-based company, which previously announced plans to cut 2,000 domestic jobs, submitted its plans to various financial institutions to notify them about its new restructuring …

Sharp finally starts shipping iPhone 5 screens

September 13th, 2012

It has taken longer than expected but Sharp (SCHAY) has finally started shipping out iPhone 5 screens. Unnamed sources have told The Wall Street Journal that the Japanese electronics manufacturer began production of the new screens earlier this week after weeks of delays, a move that the Journal says “could ease concerns about whether Apple (AAPL) will have …