Sharp expects the current financial year, in march ends, to be closed with a loss of 2.9 billion euros, as is apparent from the presentation of the quarterly figures. Therefore Sharp lcd production for three to six months to halve.
Sharp gives a number of reasons for the drop in revenue. So is the demand for lcd tvs in Japan stronger decline than expected, while sales of lcds to external customers due to the economic conditions has decreased. In addition, the sale of mobile phones for Sharp in Japan is not good and there are less solar panels sold.
The decrease in operating profit is linked to the lower turnover, but is also a consequence of voorraadafboekingen, restructuring costs due to the introduction of igzo-technology for lcd’s and a one-time, additional tax of 1.2 billion euros over the past quarter.
To save costs, go Sharp temporary lcd production halved for at least a quarter and maybe six months. The reduction comes mainly at the expense of the common lcd sizes, while Sharp, the production of lcd’s larger than 60″, for which the 10G lcd plant of Sharp-suited, work out will keep. Also want to the reduction in occupancy rate to use to see if the new igzo technology for tv’s can be used.
Sharp uses the igzo technology for the production of screens for mobile phones and tablets. The technology makes it possible to use displays with very high pixel density and low power consumption.