Saturday, April 29, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Qualcomm Slashes Profit Expectations As Apple Refuses To Pay Royalty Payments
Kodi Clarifies DRM Stance, Shuts Down Rumors
ASML Countersues Nikon Over Alleged Patent Infringement
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Cost Cuts Start Paying Off For Sharp
New Nintendo 2DS XL Gaming Handheld System Coming On July 28
KINGMAX Targets Gamers With ZEUS DDR4 Modules
Microsoft Cloud Strength Highlights Third Quarter Results
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sharp t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, August 02, 2012
Sharp to Cut 5,000 Jobs, Plans Start Shipping iPhone Screens This Month


Sharp is cutting 5,000 jobs over the next year, after its quarterly loss ballooned from a year earlier. The company also said it will start shipping screens for a new Apple iPhone.

Sharp reported Thursday that its April-June loss swelled to 138.4 billion yen ($1.8 billion) from 49 billion yen of red ink a year earlier.

Quarterly sales plunged 28 percent to 458.6 billion yen ($5.9 billion) as sales crashed in liquid crystal displays, flat-panel TVs and mobile phones.

Sharp forecast a bigger loss for the business year through March 2013. It now expects a 250 billion yen ($3.2 billion) loss compared with the 30 billion yen ($385 million) loss it projected earlier.

Sharp said the jobs cuts will come through voluntary and mandatory retirement and other arrangements.

Shipments of IGZO (indium, gallium, zinc) screens for the new iPhone will start in August, Sharp's president Takashi Okuda said at a press briefing in Tokyo on Thursday after the company released its latest quarterly earnings.

Sharp says that the new displays cut power consumption by up to 90% and allow for far greater detail at the same transparency, keys for prolonging the battery life of portable devices.

Sharp will spend a total amount of 14,272 millions Yen on the development a framework for the conversion of production to LCD panels using IGZO technology, along for the reconstruction of its busines sites in Europe.

Apple is planning a major product launch on Sept 12, stoking speculation that the company will announce the sale of its redesigned iPhone.

Sharp is one of three companies expected to build the screens for the latest Apple offering. The other two suppliers of the panels are LG Display and Japan Display Inc.

Apple is equipping the next iPhone with a larger screen after Samsung unveiled its latest Galaxy S3 smartphone with a 4.8-inch touch-screen.

The iPhone screens will also be thinner than their previous incarnations with the use of so-called in-cell panels. The new technology embeds touch sensors into the liquid crystal display, eliminating the touch-screen layer found in current iPhones.


Previous
Next
Facebook Estimates It Has 83 Million Fake Users        All News        Sony's Loss Grows
Facebook Estimates It Has 83 Million Fake Users     General Computing News      Sony's Loss Grows

Get RSS feed Easy Print E-Mail this Message

Related News
Cost Cuts Start Paying Off For Sharp
Foxconn To Help Sharp Return To IT Equipment Business: report
Sharp's New 70-inch 8K HDR Display Is Relatively Lightweight And Power-efficient
Sharp Raises Forecast After Reporting Profit For First Quarter
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Foxconn To Buy Majority Shares Of Sharp's Sakai Display Products
Sharp to Return To The European TV market With UMC Acquisition
Hon Hai, Sharp To Build Massive LCD TV Plant In China
Sharp Forecasts Annual Profit, Introduces New Corporate Motto
Next Generation iPhones To Have OLED Screens, Sharp President Confirms
CEATEC 2016: Sharp Showcases 27-inch 8K 120Hz IGZO Monitor, 5.2-inch Full HD Curved Display

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .