Sharp Corporation Stories March 29, 2016

AAPL: 107.68

2.49

Foxconn shares suspended due to “major announcement” expected to be Sharp acquisition

It looks like the on-off acquisition of display-maker Sharp by iPhone assembler Foxconn is back on. The WSJ reported earlier that the two companies have been discussing a significantly lower valuation for the company, and Reuters now reports that share trading in Foxconn has been suspended due to a “major announcement.”

Japan’s Sharp Corp and Taiwan’s Foxconn are set to sign a merger deal this week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with the talks said.

The deal is expected to be finalised during board meetings by both companies tomorrow for around $2B less than originally discussed, after a rather stormy journey.

Sharp Corporation Stories March 4, 2016

AAPL: 103.01

1.51

Foxconn’s acquisition of Sharp reportedly back on track after earlier doubts; Apple’s involvement still unclear

Foxconn’s planned takeover of Sharp, to allow it to begin making displays for iPhones as well as assembling them, is reportedly back on track.

First reports of Foxconn’s interest in purchasing Sharp’s display division emerged last September, when it was reported that Apple would come on board as an investor. Foxconn made a $5.3B bid in January, and it was initially reported that the deal had been concluded last week.

Sharp Corporation Stories February 26, 2016

AAPL: 96.91

0.15

Foxconn acquisition team “went berserk” when they learned of potential Sharp liabilities, deal in doubt

Plans for iPhone assembler Foxconn to acquire Sharp, allowing it to move into making displays for future devices, now appear in significant doubt. Initially reported in Japan as a done deal, the WSJ quickly reported that Foxconn was “delaying” signing – and the same source today reports that talks have broken down.

Sharp Corp on Friday scrambled to salvage a sale to Taiwanese electronics assembler Foxconn as its stock plunged and investors questioned whether the companies could restore trust to make their proposed marriage work after an 11th-hour breakdown in talks … 

Sharp Corporation Stories May 14, 2014

iPhone market share in Japan climbs from a quarter to more than a third of all phones sold

Apple’s deal with Japan’s largest carrier, DoCoMo, saw the iPhone’s market share in the country climb from 25.5 percent last year to 36.6 percent in the year ending March of this year, reports Bloomberg. This full-year figure underestimates the current position, as it reflects only six months of sales through DoCoMo.

Japanese companies Sharp and Sony took second and third places, with 13 and 12.3 percent respectively, while Samsung was in sixth place at just 5.7 percent.

Apple’s market share in Japan hit almost 70 percent when the iPhone 5S and 5C were made available on DoCoMo, as pent up demand was first unleashed. Since then it settled back to just under 50 percent last quarter, and we’re likely to see a similar number in the full-year figures in six months time.

Sharp Corporation Stories March 18, 2014

Despite courtroom battles, Apple picks Samsung to make iPad mini displays, claims report

While there seems no end in sight to the courtroom patent battles between Apple and Samsung, that doesn’t seem to be interfering with the business relationship between the two. Korean site ETnews (via G4Games) reports that Apple is bringing Samsung into its manufacturing mix for display panels for the iPad mini.

Apple currently uses a mix of three manufacturers for its iPad mini displays: AUO for the non-Retina model, and LG and Sharp for the Retina displays. The report claims that Apple is dropping AUO altogether, and cutting back its orders with Sharp, giving the resulting business to Samsung.

While media sources in manufacturers’ home markets are not always reliable where supply chain rumors are concerned, this one has enough specifics to seem credible at least – and the quality of the Retina iPad mini screen has been criticized in both reviews and benchtests.

Sharp Corporation Stories November 1, 2013

New report reiterates iPad mini screen supply shortages at Sharp and LG, Samsung brought onboard to aid production

According to a DisplaySearch analyst report published in the Nikkei, via CNET, both LG and Sharp are having trouble ramping production of the iPad mini’s 7.9inch Retina display.

The report states that Sharp is struggling to produce any level of output at all. This corroborates with a Digitimes report from earlier this week. Apparently, Sharp’s Oxide TFT process is to blame for the low yield rates.

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