Sharp warns if your financial situation will not change them soon in business
Despite everything we’re doing Sharp heads to try to get out of the crisis that afflicts, if the situation changes dramatically then the company will simply pass to a better life. This has been noted in a recent report published last week in Japan, where it is stated that there are “material concerns” about the ability to continue operating as they have done so far.
Yes, the ad took a few people by surprise. According to some analysts, a year ago this would have been surprising but not today, where Sharp trying to do everything so that the numbers begin to write in blue. Part of the restructuring plan includes making alliances with other companies, such as Intel-, fire employees, cut salaries, and even mortgage their facilities.
Although executives are hopeful that this will be enough to alleviate the crisis, could also be the case otherwise. For now, the company hopes reside in IGZO technology, according to analyst Keita Wakabayashi, Sharp is essential to focus on the production of small-size screens and medium to survive. The battle in the segment of the larger screens are practically lost.
Only during this fiscal year, Sharp projected losses of up to 5,600 million dollars.
Link: Sharp’s warning it may collapse few surprises (Computer World)Tags: financial crisis, IGZO, LCD, Missed, restructuring, Sharp