Bloomberg (April 4)
“Foxconn’s chairman won’t have long to celebrate.” The takeover of Sharp will prove far easier than its turn around. “With a sprawl of businesses making appliances, solar equipment and flat panels for mobile devices, Sharp is seeing its earnings deteriorate every quarter, yet as part of the rescue deal, Gou pledged to keep the company intact, respect its independence and try to preserve jobs.”
Tags: Appliances, Earnings, Foxconn, Gou, Panels, Rescue, Sharp, Solar, Takeover, Turn around
The Economist (July 12)
“Electronics companies in Japan are starting to turn themselves around, but they are a shadow of their former selves…. After years of denial that surgery was needed, optimism is rising that Japan’s consumer-electronics firms are facing up to their steady loss of global market share.”
Tags: Consumer electronics, Denial, Electronics, Japan, Loss, Market share, Optimism, Surgery, Turn around
