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Sharp Establishes Consumer Electronics and Office Equipment Sales Subsidiary in Mexico

Osaka, Dec 28, 2009 - (ACN Newswire) - Sharp Corporation will establish Sharp Corporation Mexico, S.A. de C.V., a sales subsidiary for consumer electronics and office equipment in Mexico City, United Mexican States. The new sales subsidiary will start operations on January 1, 2010.

In 1995, Sharp Electronics Corporation, Sharp's U.S. sales subsidiary, established a branch in Mexico to pursue business mainly in LCD TVs and copiers.

With consumer spending showing signs of a recovery, especially in urban areas, the Mexican market is poised to continue growing. By establishing this new sales subsidiary in Mexico to strengthen sales and marketing functions, Sharp will work to enhance brand value and expand business in the country's market.

Overview of New Sales Subsidiary

Name: Sharp Corporation Mexico, S.A. de C.V. (SCMEX)Location: Mexico City, United Mexican StatesPresident: Naoyuki TogashiCapital: 70 million Mexican pesoStart: January 1, 2010Main business: Sale of consumer electronics and office equipment


About Sharp Corporation

Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp

Contact:
Sharp Corporation
Corporate Communications
Osaka: +81-6-6625-3006
Tokyo: +81-3-3260-1870



Dec 28, 2009
Source: Sharp Corporation
Sharp Corporation (TSE: 6753)
Topic: Press release summary
Sectors: Consumer Electronics
http://www.acnnewswire.com
From the Asia Corporate News Network
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