Tagged With "Sharp"

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Re: HP & Sharp "What is Canon Thinking"

Old Glory ·
Sharp is much more desperate than Canon. Whatever the deal, I'm sure it was beyond anything a financially secure company like Canon would consider.
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Can Sharp catch-up in the MPS market?

Art Post ·
Sharp has stepped up its managed print services (MPS) initiatives as it looks to capture more mindshare in a highly competitive market. At its UK launch of its new Optimised Managed Service s (OMS) on 1st October 2015, Sharp demonstrated a hardware...
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Can you say Shoshiba, or how about Sharhiba? Sharp & Toshiba to Merge?

Art Post ·
Japan state-backed fund in advanced talks to invest in Sharp: sources A Japan ese state-backed fund is in advanced talks to invest in Sharp Corp with plans to overhaul the manufacturer's consumer electronics business including a possible deal with Toshiba Corp, people familiar with the matter said. Innovation Network Corporation of Japan (INCJ) considered investing in Sharp's display division and merging it with rival Japan Display Inc, in which the fund is the biggest shareholder, sources...
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Re: HP & Sharp "What is Canon Thinking"

Wallingford ·
I don't think that anyone who bought an Edgeline, or further back the HP rebadged Konica MFD's, will be keen to give HP another go.
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Re: Sharp Launches New Line of Mid-high Volume Monochrome Workgroup Document Systems

Art Post ·
Wow, some of these features are pretty nice!
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Re: This Week in the Copier/Office Equipment Industry 10 Years Ago Fourth Week of September 2004

Former Member ·
Thanks for your email. I will be out of the office until Monday, September 29. I'll have limited access to email and will return your message as soon as possible. All the best, Andrew Jones Muratec America, Inc.
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Re: Welcome our new Moderators!

Jason H ·
Art, I'd be willing to take a shot at moderating the Canon forum for you.
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Re: Industry Notes from 11/22/2015

B13555 ·
I missed these updates! Thanks for bring this section back!
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Re: Can you say Shoshiba, or how about Sharhiba? Sharp & Toshiba to Merge?

Art Post ·
Heard of some pretty crazy stuff but this is very interesting...
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Re: It's A Deal: Foxconn Is Buying Sharp Corporation

Art Post ·
From what I've read, it seems that both parties have agreed in principal to move forward with the deal and have the deal closed by the end of this month. If and when that happens, what will Foxconn due with the Imaging Business Unit? Will Samsung step in and buy the business unit from Foxconn? Does Foxconn really want to be in the copier business? Thoughts?
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Re: It's A Deal: Foxconn Is Buying Sharp Corporation

Anders And ·
As a long term investment, the copier business is a dead end, maybe they will sell the copier/printer division? HP?
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Re: Sharp Accepts Foxconn’s $6.24 Billion Takeover Offer

Art Post ·
Well, it took long enough. I'm sure this brought a smile to Vince's face. I see that he's on the site right now. What happens NOW? Initial reports stated that Sharp Execs would kept on board, the question is how long will their tenure last. If I were Terry Gou, I will offer them an additional severance package to leave early. You don't want them to still mismanage the company. Another report stated that the business units would be kept intact. It may be true and may not be true, we'll find...
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Re: Sharp Corporation "What Happens Now?"

jredmon ·
Samsung should buy Xerox and get rid of the freeloader Ursula Burns!!! I know of very few if any companies that reward a CEO for making a company worse off now than when they took over!!!
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
everyone jumped on the bandwagon on print is dead, OMG we need to do something! OMG the sky is falling!! Print is not dead, print is migrating, we just need to follow it.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
My gut tells me the imaging business will be sold off to someone soon. I know Samsung has more money than god but will the govt allow it to happen? Canon, Ricoh, Kyocera, and KM cried when that was possible a while back and it was blocked by the Japanese govt. I hate to say it but if your a SAMSUNG dealer like I am, I'm licking my chops to see what happens. Sharp bought the biggest independent dealer in our market about 6 or 7 years ago and ran it in the ground so I will have no problem...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Jason "I know Samsung has more money than god but will the govt allow it to happen?" what government are referring to?
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Re: Sharp Corporation "What Happens Now?"

jredmon ·
The Japanese government stopped it before...No longer a Japanese company!!!...Open to the highest bidder!!!
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Can't wait to hear the spin from Sharp here in the US tomorrow.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
Art, all I heard from our Ricoh, Canon, and Samsung reps were that when Sansung put a bid in for the copier business all the copier companies pleaded with the Japanese govt to not allow Samsung to buy them because it had the potential to put them out of business. I can't confirm it personally but canon and Ricoh people have told me that.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
I also cannot wait to hear what kind of spin SIICA puts on it in the coming days. My guess is damage control because I have said in posts I feel like how many hits can your ship take before it sinks....I think they are getting close to that last hit....I can only imagine how they will sell this news to their dealers and customers.
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Re: Sharp Corporation "What Happens Now?"

SalesServiceGuy ·
Not so fast on the speculation! Foxconn has put off signing the purchase agreement with Sharp based upon just revealed documents suggesting a contingent liability into the many billions of yen. A contingent liability is a potential liability...it depends on a future event occurring or not occurring. For example, if a parent guarantees a daughter's first car loan, the parent has a contingent liability. If the daughter makes her car payments and pays off the loan, the parent will have no...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
I just read that also, see what happens when you doze off for 8 eight hours. From what I've read, seems Gou is a lot like Trump. I would not doubt if this is another attempt to lower the acquisition cost. Was Sharp holding something back? Who knows, although it's not surprising since Sharp is mired in so much debt. I think the deal will be signed by the 29th and there maybe some renegotiating by both parties. The Foxconn deal gives the share holder loot and the INCJ does not
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Re: Sharp Corporation "What Happens Now?"

SalesServiceGuy ·
According to an Asian financial expert on CNBC this AM, the Foxconn deal is actually very destructive to Sharp shareholder value and not a good thing. Foxconn will gain control of 2/3rds of Sharp. Before the sale can be finalized and controlling shares transferred it has to get the approval of Japanese regulators who may not be keen to let let the first major Japanese Corporation fall into the hands of a non Japanese company.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
I actually read the oppo last night. lol They may not be keen to let Sharp go, however the INCJ plan eliminates the billions of debt that the Japanese banks are holding, the foxconn plan give Sharp the much need cash to pay that debt.
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Re: Sharp Corporation "What Happens Now?"

Czech ·
Andy posted this today: http://industryanalysts.com/22...;utm_campaign=buffer Looks like Foxconn is going to invest $450M into the Business Solutions Division worldwide. I don't think they plan on selling it, especially if it's one of their more profitable divisions.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Well what would you expect from IA, since Sharp is possibly of their accounts? I knew there would be a positive spin for the dealers. The entire deal is now in jeopardy with billions of debt that Sharp did not declare or forgot about. $450 million world wide is not a lot of money, in addition there is no mention of how much for North America, sorry, but I from the camp that goes by, "believe nothing of what you hear and only half of what you see". What Sharp posted today was pure propaganda...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
So, if you read the letter that IA got from SIICA today, YOU need to click on the link, it's hilarious, make sure you read the very top line highlighted in green!!!! LMAO
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
That green area is hilarious. I tend to side with Art on this. That's propaganda to keep the dealers at bay for the time being hoping and praying they don't start jumping ship. I wouldn't have expected anything less. IA has never posted one thing negative about a manufacturer that I can remember.
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
Jason, that was a great chuckle hope others will click on the link! Here is it for those that didn't go to the IA site. This is the line on the IA site: More precise detailed information can be reviewed on Sharp Corporation’s website. <by CLICKING HERE .>
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
This was posted on Forbes today. Gou had put a 1 Billion yen or dollars thinking it was yen if he walks away. He just may walk on this one. Not so fast. After Sharp’s board agreed to accept Foxconn’s bid on Thursday, the acquirer stepped away. Foxconn, in a written statement, reportedly said it would delay completing the deal because it needed to study “new material information” released by Sharp. That information includes an additional $3.1 billion in contingent liabilities not previously...
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Re: Sharp Corporation "What Happens Now?"

Art Post ·
I was just trying to find another thread about why Foxconn has taken a step back. It seems that Sharp disclosed a much smaller amount on their 2015 fiscal report for contingent liability. When foxconn received the updated contingent liabilities it was 20X times what was reported. I will try and find the link again. But, I know what really happened, Sharp many months ago outsourced their accounting department to Toshiba! har har, that's a joke!
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Re: Sharp Corporation "What Happens Now?"

Bill Siderys ·
I always was a car before I sell it.
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Re: Sharp Corporation "What Happens Now?"

Bill Siderys ·
Samsung could try to grow the business one dealer at a time or buy the market share via another manufacture. Samsung is creating a product line and will be a player...how might be the question but it will be soon.
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Re: Sharp Corporation "What Happens Now?"

Jason H ·
Yes true, but they are losing dealers now because of their product line. I think they have to make a move for someones hardware. We have been a dealer for about 6 years now and have been through the really bad as well as the decent products. I know several dealers I have spoken with who are not selling the product anymore because of all the issues they have had with it.
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Re: Foxconn Founder Warns Layoffs Are Needed to Revive Sharp

Art Post ·
gotta wonder how far the cuts will go, a report yesterday stated Sharp may cut 1,000 jobs from the photocopier business unit
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Re: Doug Albregts Named Sharp Electronics President/CEO

Digital Diva ·
This info is from 2013?
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Re: Doug Albregts Named Sharp Electronics President/CEO

Art Post ·
oh boy, you are right, this came across in my google alerts, did not give it a good read, my bad.
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Re: Doug Albregts Named Sharp Electronics President/CEO

Art Post ·
this is what I should have posted: Doug Albregts Sharp Corporation has appointed Doug Albregts as president/CEO of Sharp Electronics Corporation (SEC), its wholly owned subsidiary in charge of the Americas business. Albregts will officially succeed Toshiyuki Osawa, who previously held the position. The move stems from Sharp Corporation's recent alliance with Hon Hai Precision Industry Co. Hon Hai brand Foxxconn acquired Sharp Electronics for $3.8 billion in August, assuming a 66 percent...
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Re: Doug Albregts Named Sharp Electronics President/CEO

Art Post ·
Just changed it! Thank you for the heads up on this
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Re: Doug Albregts Named Sharp Electronics President/CEO

Digital Diva ·
Ha! If that's the worst thing you do, then you have nothing to worry about! I appreciate all you do to keep this forum going year after year. I sell Sharp so this is of interest to me. And I can tell you that Doug is a great guy! He is a wise choice. Thanks!
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Re: Doug Albregts Named Sharp Electronics President/CEO

Art Post ·
I only read good things about him. Thanks again for being a great P4P'er and keeping me on my toes!
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Re: Is The Time Right for Copiers to be Made in The USA Again?

Art Post ·
Thanx for the "like" Larry!
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Re: Is The Time Right for Copiers to be Made in The USA Again?

Larry Kirsch ·
Perhaps. Tax abatements. New administration lending support. Re open Saxon in Miami Lakes. Lol Anything is possible. Automate Manu process with today's technology. Someone should investigate thoroughly. Why not. Incent buyers to buy America.. Been done before. Keep me posted.
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Re: Is The Time Right for Copiers to be Made in The USA Again?

SalesServiceGuy ·
I wonder if there is a preferred supplier of copiers to the Trump organization? Any arm twisting would likely start there. With the USA's withdrawal from the TPP, a relocation of the copier industry seems unlikely. Multiple copier manufacturers already produce their toner in the USA. Living in Canada, with the high US $, a copier produced in the USA would be a distinct disadvantage. I am reasonably certain that the USA is the largest market for copiers in the world.
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Re: Is The Time Right for Copiers to be Made in The USA Again?

bill w ·
Lots of manufacturers used to make the claim assembled in the US, Ricoh and Xerox in particular. I would very much welcome marketing products not made in China Singapore, Thailand and the like- we have lots of capable workers here in the US. The big question is- how much of a premium will be tacked on?
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Re: Is The Time Right for Copiers to be Made in The USA Again?

MichaelP16 ·
I used to be in the manufacturing of Servers for HP (working for a Contractor to them). Eventually, we lost the contract to a competitor, in another state, because their labor was going to be $2 a machine less. This of course builds up with thousands of units. Eventually, the whole contract went first to Mexico, then to Singapore (we were already getting most of our sub-assemblies from Singapore anyway), and eventually to China. I went for one state to the other, then almost went to Mexico...
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Re: Is The Time Right for Copiers to be Made in The USA Again?

Art Post ·
MichaelP16 That's some awesome insight about manufacturing in Asia. We can build cars here in the US and brands like Ford, GM and Chrysler are now profitable. Even the Japanese have factories here for cars. You never know! Ty for the post
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Re: Is The Time Right for Copiers to be Made in The USA Again?

Tom Koenig ·
You are deplorable my friend!!!!! Thank you, Have a Great Day! Thomas Koenig District Business Manager Dealer Division - Northeast Region RICOH USA, INC. 5 Dedrick Place West Caldwell, NJ 07006 Cell: 570-439-2864 Thomas.Koenig@ricoh-usa.com
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Can Foxconn Unlock Sharp's True Potential?

Art Post ·
Once a crown jewel in Japan Inc.'s corporate pantheon, Sharp is now added to the long list of recent Chinese acquisitions of foreign companies. As of June 1st, 2016, Taiwanese regulators have cleared the acquisition of Sharp by Foxconn Technology Group. Sharp's newly released RoBoHoN and 4k AQUOS NEXT/XU technology show that its top-tier researchers still have the Japanese spirit of innovation. Foxconn's management will need to tap into Sharp's latent potential in order to make the company...
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