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Sharp Corp (SHCAY.PK)

SHCAY.PK on OTC Markets Group

3.43USD
21 Jul 2017
Change (% chg)

$0.00 (+0.15%)
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$3.43
Open
$3.43
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Volume
39,304
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210,432
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$4.49
52-wk Low
$0.86

Latest Key Developments (Source: Significant Developments)

Sharp, Hon Hai Precision Industry considering new U.S. factory - Nikkei
Wednesday, 7 Jun 2017 01:11pm EDT 

June 7 (Reuters) - Nikkei::Sharp and Hon Hai Precision Industry are considering a new U.S. factory making large-format display panels suitable for televisions - Nikkei.Sharp and Foxconn could invest more than 800 billion yen into new U.S. plant‍​ - Nikkei.Foxconn, Sharp's new U.S. factory is expected eventually to turn out panels for the ultrahigh-definition "8K" TVs that Sharp plans to debut in 2018 - Nikkei.  Full Article

Digicom Elektronik Pazarlama A. S. files lawsuit against Sharp and SEEG and U.M.C
Thursday, 1 Jun 2017 05:09am EDT 

June 1(Reuters) - Sharp Corp <6753.T>:Says Digicom Elektronik Pazarlama A. S. filed a lawsuit against the company and its unit Sharp Electronics (Europe) GmbH (SEEG), as well as Universal Media Corporation/Slovakia/s.r.o (U.M.C), which can sell Sharp brand LCD TV in Europe, claiming compensation for damages of 1 million Turkish liras (31 million yen).  Full Article

Shanghai-based firm files lawsuit against Sharp unit NSEC in China
Thursday, 1 Jun 2017 05:09am EDT 

June 1(Reuters) - Sharp Corp <6753.T>:Says a Shanghai-based firm filed a lawsuit against its unit NSEC, which is engaged in manufacture and sales of LCD TV, projector and LCD module, and internet broadcasting operation firms, claiming for compensation of 100,000 yuan for copyright infringement .  Full Article

Sharp and Google jointly developing liquid crystal displays for virtual reality devices - Nikkei
Monday, 29 May 2017 04:40pm EDT 

May 30 (Reuters) - Nikkei::Sharp and Google are jointly developing liquid crystal displays for virtual reality devices that require faster movement and higher resolution than smartphones - Nikkei.  Full Article

Sharp Corp seeking a roughly 20% stake in Toshiba's memory business in a joint bid with Hon Hai Precision Industry - Nikkei
Monday, 15 May 2017 05:25pm EDT 

May 16 (Reuters) - Nikkei::Sharp Corp seeking a roughly 20% stake in Toshiba's memory business in a joint bid with Hon Hai Precision Industry - Nikkei.  Full Article

Sharp to acquire SAIGON STEC for $3.1 mln
Friday, 12 May 2017 04:28am EDT 

May 12(Reuters) - Sharp Corp <6753.T>:Says it resolves to acquire 51 percent stake of SAIGON STEC Co.,LTD. from Sharp Takaya Electronic Industry Co., Ltd., for $3.1 million or about 354 million yen.Says it will raise voting power in SAIGON STEC to 51 percent from 0 percent .Says transaction will effective on June 30.  Full Article

Sharp to buy Vietnamese arm of Sharp Takaya Electronic Industry - Nikkei
Thursday, 27 Apr 2017 04:14pm EDT 

April 28 (Reuters) - Nikkei ::Sharp will spend several billion yen to buy the Vietnamese arm of sharp takaya electronic industry, of which sharp owns a 40% stake- Nikkei.Sharp's Kameyama plant in Mie prefecture will start producing smartphone camera modules this summer, with personnel there to double to 4,000 - Nikkei.  Full Article

Sharp unit says uncollectible or delayed receivables of $485,000
Thursday, 27 Apr 2017 02:25am EDT 

April 27(Reuters) - Sharp Corp <6753.T>:unit Sharp Electronics Corporation says concern of uncollectible or delayed receivables of $115,000 from HH Gregg Appliances, Inc and $370,000 from US Motivation, Inc..This is due to business suspension of the two firms.  Full Article

Sharp Corp will likely report FY group net loss of around 25 bln yen - Nikkei
Monday, 24 Apr 2017 01:09pm EDT 

April 24 (Reuters) - Nikkei::Sharp Corp will likely report a group net loss of around 25 billion yen ($227 million) for the fiscal year ended March 31 - Nikkei.Sharp apparently secured pretax profit of more than 10 billion yen for fiscal year ended March 31, compared to 192.4 billion yen pretax loss prior year - Nikkei.  Full Article

Sharp unit SEC announces lawsuits
Friday, 21 Apr 2017 03:36am EDT 

April 21 (Reuters) - Sharp Corp <6753.T> ::* Says United Mechanical Inc (UMI) filed a lawsuit against co's U.S.-based unit Sharp Electronics Corporation (SEC) .* UMI claimed that there' re quality issues in the multifunction printers provided by SEC and requested SEC to pay $220,000, relevant delay damages as well as lawsuit related fees.* Says Admiral Indemnity Company, Travelers Indemnity Company, and Ameriprise Auto and Home Insurance (plaintiffs) filed a lawsuit against the unit SEC .* Plaintiffs requested SEC to pay over $650,000 as compensation for damages and to bear relevant lawsuit fees .  Full Article

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Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO

TAIPEI Taiwan's Foxconn will continue to pursue an acquisition of Toshiba Corp's chip business, a day after the troubled conglomerate chose a rival suitor as the preferred bidder, the head of Foxconn's Japanese unit said. | Video