Sharp plans to LAYOFF 8,000 employees and Offers 2 Factory TV

TV Sharp Aquos (ist)Tokyo -TV Producers from Japan, Sharp plans to LAYOFF 8,000 employees perform against, or 15% of total employees Sharp throughout the world. Sharp also sell 2 TV factory owns.

As many as 8,000 employees to be fired is composed of 3,000 employees working in 2 factories in China and Mexico TV was sold to the Hon Hai Precision Industry from Taiwan. While 5,000 others have been announced by the employee's Sharp advance.

Japan newspaper Yomiuri said, Sharp fired thousands of employees move and sell TV factory is to reduce costs and pay their debts.

Other newspaper even said, Sharp plans to increase the number of employees who will be laid off 10,000 people.

"We continue to work to form an Alliance of the most good with Hon Hai, but there has been no decision made Hon Hai matter of our plant sales in Mexico and China," said Sharp spokesman quoted from Reuters, Monday (21/12/2012).

Currently has a number of Sharp debt 1.25 trillion yen (US $ 16 billion). The company is also struggling to do the refinancing middle of debentures worth 360 billion yen and a convertible bond issue worth 200 billion yen, which will be due next September.

The company will provide assessment reports its assets to banks to get funding to continue its business. Sharp stock price fell more than the current 35% since August.

(dnl/rou)

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Sharp TV Production No Longer?

Illustration (Ist)Tokyo, reportedly considering-Sharp focus to produce LCD panel (liquid crsytal display) so need to sell a number of its business units. The origin of this company are planning to Japan no longer assemble TV.

Sharp as reported by local newspaper the Nikkei, said will take off a business unit of copiers and air conditioner (AC) in order to focus more in LCD market competition.

However, as reported by Reuters and quoted detikINET, Tuesday (17/8/2012), Sharp spokesman rejected the report through. "We studied a variety of measurement, but there is no facts that support the newspaper reports about a possible sale of operational Nikke main Sharp," said a spokesman.

This electronic company performance is not encouraging earlier this month, with the share price slump on the point of elevation in the last 40 years.

Nikkei mention, as part of the recovery effort, Sharp will also do a factory in Central Japan spinoff, which makes LCD panels to smartphones and tablets, including for iPhone and iPad Apple components.

"Sharp injection of investment may have been received from other manufacturers and factory operational run together, such as Hon Hai roPrecision done by Taiwan in Sakai factory located in Osaka prefecture," wrote the Nikkei.

Sharp's shares dropped 1.14% to 175 yen at the close of trading Friday.

(rns/Celine)

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