Sharp Corp.

The deep job cuts come as Japan debates whether to bring in more foreign workers amid a national labour shortage, and they illustrate how such employment is often at the mercy of manufacturers' production cycles, the report said.

Sharp raises forecast after 1st quarterly profit in over 2 years

Sharp, a major supplier of LCD panels to Apple Inc, raised its operating profit forecast to 37.3 billion yen (USD 329.85 million) for the year ending in March from an earlier forecast of 25.7 billion, the company said in a statement on Friday.

Foxconn joint venture to build $8.8 billion LCD plant in China

Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specialising in large-screen LCDs and will be operational by 2019, the company said at a signing event with local officials in Guangzhou on Friday. It said the plant will have capacity equating to 92 billion yuan a year.

Sharp says expects significant profit improvement, shares surge

The statement came after the Nikkei business daily reported that Sharp forecasts operating profit of about 40 billion yen (USD 385 million) for the business year through March. That would compare with the 6.6 billion yen average of 11 analyst estimates in a Thomson Reuters I/B/E/S poll.

Sharp says to invest 57.4 billion yen in OLED business

The investment will take place between April and June 2018, the company said, adding that there will not be any impact on the company's financial results in the year to March.

Foxconn agrees to buy Japan's Sharp Corp at reduced price

The acquisition by Foxconn unites Sharp, a pioneering electronics brand founded in 1912, with a company six decades younger that is little known to consumers but has grown rapidly as a contract manufacturer for global brands.

Sharp, Foxconn to sign deal next week: sources

The two companies will hold board meetings on Wednesday to approve the deal and officially sign a deal the following day, said the two sources with direct knowledge of the talks.

Sharp, Foxconn CEOs plan to meet Friday in China: Source

The meeting comes a day after the Taiwanese company, known formally as Hon Hai Precision Industry Co, put a deal to take over the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible for the 11th hour delay.

Foxconn offers $5.3 bn for Sharp, plans to keep management

Shares in the embattled electronics maker, which is considering a separate proposal from a state-backed fund, the Innovation Network Corporation of Japan (INCJ), jumped more than 20 percent after the report.

Japan's Sharp mulling stake sale in India unit

Sharp India Ltd has called a board meeting on December 12 to permit the parent and potential buyers to conduct due diligence on the operations of the company, it said in the statement to the BSE stock exchange.

Sharp CEO says in talks with several firms about LCD biz

Despite a USD 1.7 billion rescue in May, its second major package in three years, persistent losses have meant Sharp is struggling to make the investments it needs to keep its screen business competitive.

Xiaomi probed for misleading consumers in China

Industry regulators have initiated an investigation into the Beijing-based handset maker on suspicion of using phrases including "the best" to describe its products online, state-run China Daily quoted the Securities Daily as saying.

Foxconn eyeing Sharp's LCD biz; seeks funding from Apple

The report did not specify how much Hon Hai, also known as Foxconn, was willing to pay for the loss-making operations, but said it would seek funding from Apple, a key Sharp customer.

Nikkei up to new 5.5 yr high as investors pick up bargains

The Nikkei rose 0.1 percent to 15,381.02, the highest closing level since December 2007, after being in and out of negative territory in choppy trade. During the day, it rose as high as 15,388.37, its best mark since the same time.

Nikkei falls for 3rd day; Sharp, Tokyo Electron sag

Japan's Nikkei average fell on Wednesday after posting its best April performance in 20 years, with Sharp Corp and semiconductor-equipment maker Tokyo Electron Ltd tumbling on disappointing earnings news.

Panasonic plans $2.7-bn fresh restructure

Japan's Panasonic Corp said it will spend 250 billion yen (USD 2.7 billion) over the next two years on a fresh round of restructuring to revive the sprawling electronics giant, but did not indicate if that spending would cover any possible job cuts.

Sharp may seek fresh equity after Samsung deal: Sources

Sharp Corp may sell new shares to help it repay a USD 2.1-billion convertible bond due in September, after a deal with Samsung Electronics Co raised USD 111 million in return for a 3-percent stake in the Japanese company, three sources familiar with the matter said.

Sharp likely to seek fresh bank loans after Samsung deal

Sharp Corp is likely to seek fresh bank loans to help it repay a USD 2.1 billion convertible bond due in September, with no further equity deals likely after Samsung Electronics Co agreed to buy a 3 percent stake in the company for USD 111 million, three sources familiar with the matter said.

Samsung invests USD 112 million in Japan's Sharp

Seoul, Mar 6 (AP) Samsung Electronics Co. said today it will invest 10.4 billion yen (USD 111.5 million) in Sharp Corp. to secure a supply of large-size LCD panels.

Samsung in final talks to invest $110 m in Sharp: Sources

South Korea's Samsung Electronics Co Ltd is set to invest about USD 110 million in struggling Sharp Corp, a deal that will ensure it a smooth supply of large-sized TV panels and help bolster the Japanese company's chances of survival.

Sharp Corp is set to rebound to quarterly profit: Sources

Sharp Corp is set to rebound to a quarterly profit, sources familiar with the matter said on Friday, improving the bailed-out consumer electronics maker's chances of convincing lenders and shareholders that it is a viable company.

LG Electronics misses forecasts as TV profits tumble

LG Electronics Inc fell short of consensus forecasts in quarterly earnings on Wednesday, with profits in its TV division tumbling to around one tenth of year-earlier levels as the world's No.2 TV maker bumped up promotional spending in the year-end holiday season.

LG Display posts robust Q4 profit amid Apple worries

LG Display Co Ltd reported a second consecutive quarterly profit, beating forecasts by far on a rebound in television sales during the year-end holiday season and solid sales of screens used in Apple Inc's iPad and iPhone.

Sharp in talks to sell Chinese TV plant to Lenovo: Sources

Sharp Corp may sell its Chinese TV assembly plant to Lenovo Group as the cash-strapped Japanese TV maker looks to sell assets to bolster its finances, sources said.

Sharp in talks with Lenovo for TV tie-up: Nikkei

Struggling Japanese TV-maker Sharp Corp is in the final stages of talks with Lenovo Group Ltd to form a television operations partnership in China the Nikkei reported.