Sharp has announced that in the six month period that ended on September 30 they achieved 16% less revenue than in the same period a year earlier, or about 1.1 billion yen (13.7 billion dollars). At the same time last year the loss of 39.8 billion yen rose to enormous 387.6 billion yen.
Though the big financial problems, Sharp has some of the best technologies for the production of screens currently available on the market, including low-temperature polysilicon (LTPS) and IGZO. Through investment in Sharp, the mentioned companies hope to have easier access to these technologies.
[Ed – There are two other companies that are also looking to invest in Sharp this is Apple and Foxconn. Of these two Foxconn has made open statements about their interest and Apple, as always, likes to keep things private. We still expect to hear something about Apple’s investment in Sharp especially with Apple looking for a new supplier for screens and also better screen technology. Unless something happens soon, Sharp could be in trouble and might not be able to meet the manufacturing commitments they already have, let alone new ones.]
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