Sharp considers shift to in-house companies, Nikkei reports Sharp (SHCAY) is considering a reorganization of its business segments into three or four in-house companies as early as April, reports Nikkei. The new in-house companies would have separate accounting and new heads of their departments. Reference Link
Ideal Power receives multi-unit orders from Sharp Ideal Power (IPWR) announced that it received purchase orders from Sharp Electronics (SHCAY) pursuant to the previously announced multi-year purchase agreement with Sharp. The 30kW battery converters are expected to be delivered starting in September with additional deliveries through the end of 2014. The units will be incorporated into Sharp's SmartStorage systems, which are being installed in commercial buildings throughout California for demand charge reduction. The company believes that these orders reflect a growing market demand for energy storage products.