Breaking News

Razer announces Clio Chair Accessory for Audio Immersion Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance ADATA Launches T7 and T5 Enterprise SSD Series ASUSTOR Embraces the AI Boom at COMPUTEX 2025

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Sharp Blames Yen For Profit Drop

Sharp Blames Yen For Profit Drop

Enterprise & IT May 12,2014 0

Sharp has announced a net profit of 11.6 billion yen ($114.05 million) for the year ended March 31, meeting the conditions for a $4.6 billion rescue arranged by banks last year after the company recorded a 545 billion yen loss in the previous year. It said it was aiming to log a 30 billion yen net profit in FY2014/15, but forecast a drop in operating profit in the current business year to next March as the benefit of a weaker yen over the past year recedes while a pull-back in production of solar cells will also clip profits.

Sharp forecast a 7.9 percent decrease in operating profit to 100 billion yen ($983.19 million) for the current year through March 2014.

Sharp forecast further growth in its LCD panel business, forecasting a 32.2 percent increase in operating profit to 55 billion yen in the current year.

The company plans to strengthen its profitability by improving the initial cost and further enhancement of its small-to medium-size LCDs for smartphones and tablets in the production line of Kameyama No.2. The company also plans to strengthen its relationship with clients for smartphone applications and IGZO LCDs in China.

Tags: Sharp
Previous Post
Firefox To Offer Ads In Tabs
Next Post
Samsung Unveils New Media Streaming Device

Related Posts

  • LEICA CAMERA AG AND SHARP CORPORATION ANNOUNCE TECHNOLOGY PARTNERSHIP IN THE SMARTPHONE PHOTOGRAPHY SEGMENT FOR THE JAPANESE MARKET

  • Sharp Cuts Full-year Profit Forecast as Virus Impacts Demand

  • Sharp Unveils New Flagship AQUOS CX1 8K series of TVs

  • NEC and Sharp to Combine Their Display Solution Businesses

  • Sharp Sues Tesla Over Violation of Communication Tech Patents

  • Sharp Files Patent Infringement Lawsuit Against Vizio

  • Sharp Filed Patent Infringement Damage Lawsuits against OPPO

  • New Sharp AQUOS R5G Smartphone Supports 8K Video

Latest News

Razer announces Clio Chair Accessory for Audio Immersion
Consumer Electronics

Razer announces Clio Chair Accessory for Audio Immersion

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go
PC components

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance
Cooling Systems

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance

ADATA Launches T7 and T5 Enterprise SSD Series
Enterprise & IT

ADATA Launches T7 and T5 Enterprise SSD Series

ASUSTOR Embraces the AI Boom at COMPUTEX 2025
Enterprise & IT

ASUSTOR Embraces the AI Boom at COMPUTEX 2025

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Rock 5

be quiet! Dark Rock 5

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

Crucial Pro OC 32GB DDR5-6000 CL36 White

Crucial Pro OC 32GB DDR5-6000 CL36 White

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed