SHARP can not hold up? Chuan will shut down the LED plant

Japan and the leading LCD panel solar battery factory SHARP (Sharp) in February 3rd this year (April 2014 -2015 March) with net profit target from the original estimate of 30 billion yen to cut earnings loss of 30 billion yen (about 1 billion 566 million yuan). But according to the latest news from Japan, SHARP solar cell business, consider the exit and the impairment loss of production equipment, so SHARP this year net loss of 100 billion yen soared to fear (about 5 billion 221 million yuan) above the scale, while net losses soared by, also let SHARP can not stay, came to seek funding assistance to the bank.

The Nikkei News reported on 3, SHARP will be the restructuring of Japan's domestic business, in addition to plans to close 4 electronic parts factory, is also considering selling / exit the solar cell business, but because of the solar cell industry production equipment impairment, so SHARP this year net loss of 30 billion yen from the current estimate of the fear of a substantial deterioration to more than 100 billion yen.

The report notes that SHARP is expected to be put forward in May, the restructuring plan, and the focus of the program is to reorganize the cause of electronic components and consider withdrawing from the solar business.

According to reports, due to fierce competition, and Chinese manufacturers led to the solar cell business to ensure profits, forcing SHARP to consider withdrawing from the market, and the solar cell impairment treatment on the solar cell business plans earlier this year, the main reason is to let SHARP this year net loss greatly deteriorated, and as of 2020 SHARP hands stay up to about 200 billion yen (about 10 billion 442 million yuan) of the solar cell materials (SI) procurement contract, and signed the purchase amount higher than the current market price, so once the modified contract content, SHARP must let fear loss of additional processing.

In addition, in some reorganization cause of electronic components, in addition to SHARP plans to shut down production of LED Mihara factory, also plans to close the 1-3 sensor with Fukuyama factory production capacity concentrated wisdom mobile phone, the sensor to Fushan fourth factory.

The Nikkei also pointed out that in order to let the body can withstand financial measures in the future will streamline the SHARP and MITSUBISHI also consider the Xiang Ruisui Bank of Tokyo UFJ bank and other major banks for financial support for prediction of the amount will reach 150 billion yen; in addition to the bank for help, SHARP also plans to increase the quota of third ways to raise about 30 billion yen, the object will likely contain has held 3% stake in SHARP Samsung and other Japanese domestic motor manufacturers.

According to the Nikkei news pointed out that the current LCD panel revenues accounted for 14% of SHARP's overall revenue ratio of up to $32%, digital intelligence appliances up to 23%, electronic parts for the energy solutions (solar cell business) is 9%.

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