News Breaks |
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| March 6, 2013 |
| 07:23 EDT |  | SHCAY, SSNLF | Sharp confirms capital alliance with Samsung Electronics
Sharp Corporation (SHCAY) announced its board of directors would issue new shares through a third-party allotment to Samsung Electronics Japan, a Japanese corporation of Samsung Electronics (SSNLF), and form a capital alliance. Sharp stated that due to its restructuring efforts, "Sharp’s equity ratio has dropped to 9.6 % at the end of December, 2012 and Sharp is continuously required to proceed with stringent improvements in financial structure. In this light, at the end of last year, Sharp agreed to provide a stable long-term supply of LCD panels with Samsung Electronics...Furthermore, Sharp has discussed with Samsung Electronics on development of both companies’ alliance, and agreed that capital investment from Samsung Electronics into Sharp aiming for strengthening of both companies’ relationship will contribute to increase in corporate value of both companies." Sharp will issue to Samsung Electronics Japan, the Allottee, new shares equivalent to 3.08% of the voting rights after capital investment from the Allottee. Sharp is going to continuously provide a stable and reliable supply of LCD panels to Samsung under the terms of the deal, the company said. For large-size LCD panels in particular, Sharp will supply the LCD panels for large-size TVs manufactured by Samsung Electronics and for small- and medium-size LCD panels, Sharp will boost its supply of LCD panels for mobile devices. |
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News For SHCAY;SSNLF From The Last 14 Days Check below for free stories on SHCAY;SSNLF the last two weeks. |
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| May 17, 2013 |
| 12:13 EDT |  | SSNLF | Samsung says S4 sales to reach 10M next week, Korea Times says
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| 06:12 EDT | | SSNLF | Apple losing its edge as innovator, poll shows, Bloomberg reports
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| 06:07 EDT | | SSNLF | Mobile DRAM revenue fell 5% in Q1, DigiTimes reports
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| May 16, 2013 |
| 11:22 EDT | | SSNLF | Samsung captures 95% of global Android profit in Q1, Strategy Analytics says
Samsung captured 95% of all Q1 global Android smartphone profits, which reached $5B, according to Strategy Analytics. LG followed in second place and took 3% global Android profit share, added the report. Reference Link |
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| 10:25 EDT | | SSNLF | Microsoft discussing 'glasses' tech with Vuzix, NY Post says
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| 06:21 EDT | | SSNLF | Microsoft to launch 8-inch Surface in June, Digitimes says
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| May 15, 2013 |
| 15:08 EDT |  | SHCAY | Sharp upgraded to Overweight from Neutral at JPMorgan
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| 12:59 EDT | | SSNLF | Google confirms plan to sell Samsung Galaxy S4 in Google Play store
Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks. |
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| 09:32 EDT |  | SSNLF | InvenSense has multiple positive catalysts, says Pacific Crest
Pacific Crest thinks that InvenSense (INVN) remains extremely well positioned to penetrate Apple (AAPL) this year. The firm expects InvenSense to recover market share on Samsung's (SSNLF) Galaxy Note 3, and it recommends buying InvenSense shares. |
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| 09:31 EDT | | SSNLF | RDA Microelectronics switch selected by Samsung for 2G, 3G smartphones
RDA Microelectronics (RDA) announced that Samsung (SSNLF) has selected the RDASW36 switch for two Samsung models, the 2G Samsung Galaxy Star smartphone and the 3G Samsung Galaxy Pocket Neo smartphone. Both smartphones are expected to be released in Q2 and will be sold in Europe and emerging markets, such as South America. Developed on Silicon-On-Insulator CMOS process technology, RDA's single pole three throw switch combines high power with low insertion loss on a small form factor, making it ideally suited for WiFi and Bluetooth applications in 2G and 3G handsets. |
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| 08:33 EDT | | SSNLF | Google to announce "pure" Android version of Galaxy S4, Geek.com says
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| 08:19 EDT | | SSNLF | Samsung shipped 6M Galaxy S4 devices through May 10, androidcentral says
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| 07:11 EDT | | SHCAY | Japan's electronic manufacturers under siege, WSJ reports
After a miserable past few years, Japan's once-powerful electronics manufacturers (SNE, SHCAY), already reeling from unprecedented losses stemming from its lost standing in the technology world, are grappling with outside investors and fed-up creditors looking to break the cozy and insular bonds that were once a hallmark of the country's corporate sector, reports the Wall Street Journal.Reference Link |
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| 06:08 EDT | | SHCAY | On the Fly: Periodicals Wrap-Up
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| May 14, 2013 |
| 10:49 EDT | | SSNLF | Dell accuses optical disk drive makers of price-fixing, Bloomberg says
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| 07:54 EDT | | SHCAY | Sharp signs partnership agreement with Makita
Sharp announced it has signed a basic agreement to form a partnership with Makita. The two companies will seek to expand their business scope by expanding the product lineup of Makita through incorporation of Sharp’s technology, and by mutually utilizing each company’s value chain including product planning, production and sales in the global market. |
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| 07:51 EDT |  | SHCAY | Sharp sees FY14 revenue Y2.7T, EPS Y4.29
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| 07:50 EDT | | SHCAY, SSNLF | Sharp to seek increased sales to Samsung, Reuters reports
Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link |
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| 07:49 EDT | | SHCAY | Sharp to replace of Chairman, President
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| 07:43 EDT | | SHCAY | Sharp reports FY13 EPS (Y489.83) vs. (Y341.78)
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