On May 14th, Sharp Corporation of Japan reported a record loss of 545 billion yen (U.S. $5.4 billion) for its fiscal year ended March 31, 2013. As we had previously reported, earlier this week, the company also announced a change in management, with its current chairman, Mikio Katayama, stepping down to be replaced by the company’s […]
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Sharp Signs Partnership Argeement with Makita Corporation as Part of Plan to Expand into New Businesses
Sharp Corporation of Japan is forming a partnership with Makita Corporation, a Japanese maker of electric power tools. Under the agreement, the two companies will seek to expand their business scope by expanding the product line- up of Makita through incorporation of Sharp’s technology, and by mutually utilizing each company’s value chain, including product planning, […]
New Leadership Expected at Sharp Corporation
Japan’s Nikkei, a daily newspaper, reports that Sharp Corporation of Japan plans to appoint Kozo Takahashi, 58, who currently serves as its executive vice president, as its new president. Current President Takashi Okuda, 59, is expected to take over from Chairman Mikio Katayama, who will step down. Okuda and Katayama assumed their current posts in April […]
Sharp Expected to Post Worse Loss than Previously Forecast
According to 4-Traders.com, Sharp Corporation of Japan is expected to post a greater loss than it had previously forecast for its fiscal year ending March 31. Sharp is expected to report a loss of 500 billion yen, which is greater than that which it had previously expected, with TV panel plants asset write-offs crimping its […]
Print Audit 6 Embedded Now Available for Sharp OSA-Enabled MFPs, Includes Secure and Pull Printing
Print Audit and Sharp Imaging and Information Company of America report that the newest version of Print Audit 6 Embedded has been validated for use with Sharp OSA-enabled MFPs. The new version was validated through Sharp’s Partner Program, and adds secure release and pull-printing capabilities to Print Audit Embedded for Sharp. With secure release, after […]
Qualcomm Payment to Sharp Corporation now Due June 28th
As we reported here, Sharp Corporation of Japan reported this week that the second half of a $120 million equity investment from chip-maker Qualcomm, Inc. into Sharp Corporation has been postponed. Today, March 22nd, Sharp Corporation reported the second half of the payment is now scheduled for June 28th. Qualcomm made the first half of the payment […]
Qualcomm Postpones Investment in Sharp Corporation
Sharp Corporation of Japan issued a statement today reporting that it won’t be able to receive the second half of a $120 million investment from chip-maker Qualcomm, Inc. According to ValueWalk, Sharp will not be getting the remaining half of the investment amount because it failed to complete a plan to start fabricating power-saving screens that […]
Sharp Rejects Samsung’s Offer to Buy Printer/Copier Division
Reuters reports that Samsung Electronics has offered to buy Sharp Corporation’s printer/copier business, but that Sharp rejected the offer. ”We did get a proposal from Samsung, but we declined,” said Sharp spokeswoman Miyuki Nakayama. Samsung is however officially investing some $110 million in Sharp, giving Samsung a 3 percent stake in Sharp, and giving it access […]
U.S. Environmental Protection Agency Names Sharp Corporation “Energy Star Partner of the Year”
The U.S. Environmental Protection Agency (EPA) has named Sharp Corporation the “2013 Energy Star Partner of the Year.” In 2012, Sharp marketed more than 154 Energy Star-qualified products across seven product lines. The EPA also commended Sharp for having the biggest share of large screen televisions recognized as Energy Star’s Most Efficient for 2012. According to […]
Samsung to Invest $110 Million in Sharp Corporation
Reuters: Samsung Electronics Co, with a $110 million investment in cash-strapped Sharp Corp, will broaden its supplier base, gain access to low-power thin screen technology and get a foot in the door at one of Apple Inc’s key Asian display suppliers. The relatively low-cost deal will leave Samsung with a 3 percent stake in Japan’s […]
Sharp Unveils Next-Generation A3 Color Workgroup MX-2640N, MX3140N, MX-3640N MFPs with Cloud Support and Mobile Device Access
Sharp Imaging and Information Company of America is rolling out is next-generation A3 workgroup color MFPs, the MX-2640N, MX-3140N and MX-3640N, which are rated at 26 ppm, 31 ppm, and 36 ppm respectively. The new systems include standard PCL 6 and true Adobe PostScript 3 print drivers, as well as standard Pantone licensing for Pantone color matching, and are […]
Sharp Signs up North Carolian Dealer, Total Laser Care
Sharp Imaging and Information Company of America has announced that it’s signed up Total Laser Care of NC, Inc. as an authorized dealer. As part of the agreement, Total Laser Care of NC, Inc. will now market Sharp IT solutions, including Sharp’s copier and MFPs portfolio. Total Laser Care of NC is headquartered in Durham, North Carolina, […]
Sharp Corporation Posts Improved Third Quarter
Sharp Corporation of Japan posted significantly better financial results for its third quarter period of October 1st to December 31st, 2012. Although Sharp reported a net loss of 36.7 billion for its third quarter, the net loss was a substantial improvement compared to a net of loss of 249.1 billion for the third quarter a year […]
Sharp Adds Third Dealer in Alabama
Sharp Imaging and Information Company of America has signed on Alabama dealer, Best Copy Products, which will now market Sharp’s IT portfolio, including its copiers and MFPs. Best Copy Products is located in Auburn, Alabama, and has been in the office-equipment business since 1984, serving clients in the Auburn and Opelika markets. “Best Copy Products is a strong addition to our dealer […]
Sharp Signs on Second New Dealer this Week
Sharp Imaging and Information Company of America has signed on its second new dealer this week, Southeastern Business Machines, which will now market Sharp IT solutions, including Sharp’s copier and MFP portfolio. Southeastern Business Machines is located in Huntsville, Alabama, and has been in the office-equipment business since 1964, serving clients in the Huntsville market. […]
Sharp Signs on Alabama Dealer
Sharp Imaging and Information Company of America has signed on a new dealer, Business Electronics Corporation, which will now sell Sharp IT solutions, including Sharp copiers and MFPs. Business Electronics Corporation is located in Birmingham, Alabama, and has been in the office-equipment business since 1988, serving clients in the Birmingham and Tuscaloosa markets. It sells […]
Sharp Corporation: No Third-Quarter Profits
On January 11th, Sharp Corporation of Japan denied media reports stating that the company had returned to an operating profit during the October-to-December quarter. “The content of the report regarding our earnings is not true,” Sharp said in a statement. Sharp is hoping that strong demand for a new liquid crystal display technology called IGZO […]
Nakayama Joins Sharp as Associate VP for Strategy Development and Execution
Sharp Electronics Corporation announced that Yaz Nakayama has joined Sharp Imaging and Information Company of America (SIICA) as associate vice president forStrategy Development and Execution. In this new position, Nakayama will be responsible for driving the strategic planning process to prioritize and execute key growth initiatives within the organization. Nakayama has spent several years in […]
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Sharp Reports Record $5.4 Billion Loss; Copier/MFP Sales Up
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