Foxconn cuts costs to boost Sharp's first quarterly profit in four years

[Global Science and Technology Comprehensive Report] According to foreign media reports on July 31, Japan's Sharp Corporation is expected to achieve positive growth for the first time in four years due to the impact of cost reductions from Foxconn Taiwan.

With the smooth progress of profit recovery, Sharp has been eager to regain its lost electronic market position: to expand the number of TV sales in China, and to return to the US TV market with high-end TV brands - Sharp aims to since 4 Month began to double worldwide TV sales more than 10 million units.

Sharp, a maker of liquid crystal displays (LCDs), said that before the end of June, its profit for the first three months was 14.48 billion yen (a total of 8.8328 trillion yuan), which reversed the same period in 2016 by 27.45 billion yen (a total of 1.6744.5 billion yuan). ) Loss.

This result can be compared with the estimated average of 7.64 billion yen given by five analysts participating in Reuters polls. Sharp (one of Apple's suppliers) maintained a profit value of 59 billion yen forecast for the full-year profit in March this year, and announced a loss of 24.9 billion yen in the same period in 2016.

However, some analysts pointed out that Sharp's pillar industry panel business may also be affected by market fluctuations and the price competition between its Korean and Chinese competitors.

According to a research company, with the accumulation of inventories and the proactive expansion of production capacity by Chinese companies, the oversupply of LCD panels starting in the second half of this year may continue until 2018.

The increasing number of smartphone manufacturers (including Apple) currently using organic light-emitting diode (OLED) displays instead of LCD displays is also a major impediment to Sharp's development. However, Sharp plans to invest about 200 billion yen at the beginning of 2018 to start large-scale production of OLED panels, but this is still far behind Samsung monitors. (Internship Compilation: Zhang Rong reviewer: Li Zongze)

Fixed Series Outdoor Display

Products of Fixed Series Outdoor Display, the completive LED Display widely used in Outdoor Advertising Projects, like Square, Station, Commercial Center, Street etc. We Jongsun LED is specialized manufacturer from Shenzhen China, which focusing on the research and development, production, sales and engineering services of terminal LED Displays. We have the perfectly after-sales and 7x24hours technical support. Looking forward your cooperation!

Outdoor Led Display,Fixed Series Outdoor Display,Outdoor Full Color Led Display,Full Color Led Display

Shenzhen Jongsun Electronic Technology Co., Ltd. , https://www.jongsunled.com