Ron Burgundy Posted February 13, 2015 Share Posted February 13, 2015 A senior Sharp Corp executive said the Japanese company was not considering a sale of its ailing display business, after it warned it will likely book its third annual net loss in four years due to weak demand from Chinese smartphone makers. Sharp announced last week that it expects to book a net loss of 30 billion yen ($256 million) this fiscal year through March compared with a previous forecast of a 30 billion net profit, prompting speculation it may need to reconsider its strategy including a possible sale of the display business. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.