As Apple sales slow, Sharp looks to Samsung as its savior

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Author	As Apple sales slow, Sharp looks to Samsung as its savior
Tsepz_GP Joined: Dec 27, 2006 Posts: > 500 From: Johannesburg, South Africa PM	Posted: 2013-05-14 20:15 Sharp needs help. The consumer electronics company on Tuesday posted a worse-than-expected $5.4 billion loss for the previous fiscal year, and it released its plan to turn things around over the coming three years. For one thing, the company intends to tap banks for $1.5 billion in funds. Sharp also said it will look to boost smartphone display sales to Samsung as business with its top client Apple begins to slow. “A key challenge for Sharp’s recovery, however, is keeping its factories busy enough to earn profits that will satisfy its creditors despite slowing growth in its business making screens for Apple’s iPads and iPhones,” Reuters’ Reiji Murai and Tim Kelly wrote in a report on Tuesday. Sharp said it expects to swing to a profit of approximately $787 million in the current fiscal year. http://bgr.com/2013/05/14/sharp-earnings-apple-samsung/ Phone: iPhone 15 Pro Max Black Ti 512GB Tablet: iPad Pro 11” 2020 Space Gray 256GB Watch: Series 3 Nike Edition Space Gray Droid: Huawei Mate 40 Pro 256GB

Bonovox Joined: Apr 13, 2008 Posts: > 500 PM	Posted: 2013-05-14 20:39 This is not to do with phones is it?? Sharp have hardly been in the market for years or is this their electronics overall?? [ This Message was edited by: Bonovox on 2013-05-14 19:41 ] Phone?? What phone??
etaab Joined: Jan 23, 2004 Posts: > 500 From: UK - South Yorkshire PM	Posted: 2013-05-14 22:11 They're more a component manufacturer these days. You find Sharp components in many products. Sadly, they're often lower quality. Check me out on Instagram ! search for etaab !

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