Sharp Corp., the unprofitable maker of Aquos televisions, surged to a 10-month high in Tokyo trading after media reports it will get an increased credit line from lenders and supply Apple Inc.’s new iPhone.
Sharp Corp. and Panasonic Corp., Japanese electronics makers struggling to recover from record losses, are boosting sales of air purifiers in China as pollution worsens in the world’s most populous country.
Sharp Corp., the unprofitable Japanese TV maker, said a second investment of about 5 billion yen ($53 million) from Qualcomm Inc. has been delayed because the companies failed to meet terms of their original agreement.
Sharp Corp., the unprofitable Japanese television maker, affirmed its target for a second-half operating profit as it gets orders from Samsung Electronics Co. and tries to meet a condition of bank loans and share sales.
Sharp Corp., the Japanese electronics maker forecasting a record loss, is considering seeking investments from private equity funds to replenish dwindling cash, two people familiar with the matter said.
Sharp Corp., the Japanese electronics maker renegotiating a stake sale to Foxconn Technology Group, is working on a contingency plan to present to banks as the company faces a deadline for repaying debt.
Sharp Corp., the Japanese electronics maker struggling to recover from a record loss, will get 30 billion yen ($313 million) in loans from three banks this week, three people familiar with the matter said.