TOKYO: Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the licence for its own TV brand sold to China's Hisense Group four years ago.
The move is part of Sharp's growth strategy after a dramatic turnaround at the Osaka-based firm since it was taken over by Taiwan's Foxconn, the world's largest contract electronics, in 2016.Sharp declined to disclose details of the latest licensing arrangement with Hisense. The company is also considering re-entering other markets in the Americas, a source briefed on the matter said.
Sharp cut back its overseas TV business and licensed Hisense to use its brand in the Americas in 2015, when massive losses at its core display panel unit put its survival at risk. It later sued the Chinese state-owned firm for putting the Sharp name on what it said were low-quality TVs. Its parent Foxconn, formally Hon Hai Precision Industry Co Ltd, has pledged to build a display panel plant and tech research facilities in the U.S. states of Wisconsin.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's Sharp to return to US TV market, regains brand licenseSharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively ... They should use seamless TV
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US finalizes rule requiring drugmakers to show prices in TV adsREUTERS: U.S. Centers for Medicare & Medicaid Services on Wednesday finalized a rule that will require direct-to-consumer television ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
British runner Sharp received death threats for Semenya commentsBritish runner Lynsey Sharp said on Friday she had received death threats for past comments about South African Caster Semenya's 'advantage' in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sri Lanka catholics turn to TV mass amid bomb threat[COLOMBO] Sri Lanka's Catholic Church will televise a private Sunday mass after cancelling regular services over fears of a repeat of Easter suicide bombings that killed 257 people, a spokesman said. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sri Lanka Catholics turn to TV mass amid bomb threatCOLOMBO: Sri Lanka's Catholic Church will televise a private Sunday mass after cancelling regular services over fears of a repeat of Easter ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sri Lanka Catholics turn to TV mass amid bomb threatCOLOMBO (AFP) - Sri Lanka's Catholic Church will televise a private Sunday mass after cancelling regular services over fears of a repeat of Easter suicide bombings that killed 257 people, a spokesman said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
'Sexiest Vet Alive' Evan Antin explores the wild in TV showEvan Antin may have been dubbed the Sexiest Vet Alive by People magazine in 2015, but that title was never something he was working towards. But it has been a 'positive, interesting thing', as it has given the hunky US veterinarian opportunities to 'educate people about...
Source: thenewpaper - 🏆 7. / 63 Read more »
Huawei rumored to be launching 8K 5G TV this yearAs reported by Nikkei Asian Review yesterday, Huawei Technologies could be launching the world's first 8K 5G TV, equipped with a 5G module, as early as this year. On Wednesday, Nikkei Asian Review reported that sources familiar with Huawei's hardware plans had revealed that the company will
Source: YahooSG - 🏆 3. / 71 Read more »
US factory activity at 2-1/2-year low, points to slowing economyU.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US economy appearing to slow; labour market strongWASHINGTON: US manufacturing activity slowed more than expected in April amid a sharp drop in orders and construction spending fell in March, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US factory activity at two-and-half-year low, points to slowing economyU.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »