Monday, September 28, 2015

Father of liquid crystals recovered Foxconn s coveted sovereignty of the Panel

Losses, layoffs, the sale, which is now Japan business gives us the biggest impression. Sony in order to save themselves continue to sell PC, TV business, as Japanese companies declined sketch. And now, this phenomenon began to appear in the "LCD" father of Sharpe, and since this year, losses, layoffs once again shrouded in a cloud of this century-old shop.

Layoffs and losses, sharp dust

On March 19, according to Japanese media reports, sharp is planning to spend $ 1.7 billion on corporate restructuring, which included layoffs of about 6000 people. This is better than a sharp cut 5000 jobs in the 2013 3-year goals. In addition to the job cuts, sharp also plans this year to Japan pay about 1.5% to reduce personnel costs.

However, sharp officials have not officially announced the planned layoffs and salary cuts. In fact, as early as 2012, sharp because of the liquid crystal display business downturn cuts the 2960. But judging from these years of performance, redundancy does not solve the problem of sharp.

In February this year, gaoqiaoxingsan said at a press conference, President of sharp Corporation, 2014 fiscal year operating results will eventually be in a deficit, the deficit amounted to 30 billion yen. Fiscal year 2014 forecasts operating profit halved, down to 50 billion yen. In addition, according to Japanese media reports, at the end of last year, sharp's debt up to 1 trillion yen, equivalent to $ 8.4 billion. Among them, the Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, two institutions hold about $ 5 billion of debt.

Performance losses, in turn, led to mass layoffs, vicious circle, sharp also fell hard to pull themselves out of a predicament.

Old father why LCD down?

Sharpe is undoubtedly the leader in LCD panels in the world, but also thanks to the LCD business, leading to a sharp setback today.

Sharp's best time was in 2005, when thanks to the LCD Panel and TV products, with annual sales of 2.8 trillion yen (about 184.8 billion yuan), created history for three consecutive years. As a result, this Japan second-tier electronics companies became the "father of the LCD."

LCD panel business year brought about by the brilliant, sharp LCD panels in the world have been closed. MCM case

However, in 2007 there was a major turning point. At that time, sharp even at significant cost to borrow money built the world's first tenth-generation LCD Panel plant. But unfortunately they met with Yen appreciation and the impact of external factors such as Fukushima, ten lines started shortly after sharp ran into funding problems.

The crisis lasted until 2012, has also led to sharp's century-long history the biggest losses. At that time, in order to save themselves, Sharpe had to make mass layoffs for the first time.

In the LCD panel business declined at the same time, sharp's consumer electronics such as LCD TV and mobile phone businesses also shrink. Sharp mobile phone with Japanese design style, by the China Women's favorite. But in the age of intelligent machines, sharp still is dominated by traditional features, plus product updates is slow, inefficient, and thus also to decline. Its LCD televisions at the high end of the market by the impact of the Korean companies Samsung and LG, while the low end of the market is facing a Chinese television companies squeeze, being a little to eat into its share. Consumer electronics business shrinks, makes losing worse advantages of LCD panels from sharp.

But later, due to mobile phone manufacturers in China demand for small-size LCD Panel, sharp was back to life. However, it is for the sake of this positive situation, also was delayed by sharp business restructuring plan, and eventually led to a more passive position today.

It can be said that single high reliance on industry structure and the LCD business, are important causes of sharp in deep trouble.

MCM iPhone 6 Plus Case

Foxconn has long seen only for led LCD panel right

In 2012, the sharp in biggest loss in history, have had to seek outside financial assistance. Foxconn appeared at this time. At that time, Foxconn planned to 809 million dollars investments Sharpe 9.9% shares, as sharp's largest shareholder.

But things did not go so smoothly, Foxconn later discovered that sharp price falls reached as much as 28%, also said in a statement the "very active due to sharp share price, Foxconn will not meet their subscription obligations", while Sharpe has also been submitted several restructuring plans in order to regain the investment of Foxconn, did not get a response.

Actually, Foxconn is to increase the proportion of shares, in sharp's new LCD technology, but Sharpe insisted on the proportion of 9.9% liters, negotiations between the two sides are in a deadlock, ultimately failed to achieve cooperation.

While the sharp crisis, Foxconn, again out of "helping hand". Mr Gou said in accepting Japan magazine the weekly Toyo Keizai said in an interview, intends to submit to the sharp trading support proposals, and will this month to sharp and its main Bank (Mizuho Bank, Bank of Tokyo-Mitsubishi UFJ) these contributions will, process, including investment, partnership and technology licensing, and so on. However, the company has also indicated that: "any form of such investments will be based on mutual benefit and win-win results, the special is to be noted that, also according to Foxconn's right to participate in sharp's business management in order to achieve continued growth and for an investment return of common goals. "

Foxconn's coveted sharp, is hoping to invest in the form of "participation", including technology licensing, transfer, and so on, so as to achieve dominance in the LCD Panel. However, this attempt was Japan industry think that we want to invest through sharp to "steal" techniques, ultimately damaging Japan's technology industry.

However, Mr GOU has repeatedly suggested to sharp, although the company did not invest successfully, but the takeover panel factory sharp Sakai City line 50% the right, after more than two years after have turned losses into profits and profitability has been continued up to the present.

This suggests that also shows that Terry Gou to help Sharpe out of the mind. However, whether sharp can accept this "assistance" it's kinda hard to tell.

Sharp said if Foxconn to 2012-year commitment of $ 4.58/sharp's stock price to a share, would be willing to consider accepting a Foxconn's investment, but sharp's shares at about $ 2.01 per share. Faced with such onerous terms, Foxconn is also down to hand?

Sharpe is undoubtedly the leader in LCD technology, but nearly two years due to rapid development of liquid crystal display technology, with Korea, Taiwan and competition from mainland manufacturers, sharp's leading-edge technology no longer, opposite its price is getting lower. High dependence on the LCD Panel, together with a single industrial structure, which had been closed in the world of LCD panels from sharp hard transition, even in down position.

154 votes MCM iPhone 6 Plus Case

HTC One M8

HTC in last year launched One (M7) this paragraph "heavy metal" flagship, attract has many preferences metal texture of fans, follow-up launched has Butterfly s and One Max are is perfunctory, and in March 2014 storage force has long of HTC finally to has once "big outbreak", released has new flagship M8, it has more high of metal accounted for than, double camera and more strong of hardware configuration.

View details of the voting >>

No comments:

Post a Comment