Tag: sharp

4K telly market booms

television-exploding-biz-2015-billboard-650The global 4K TV market is expected to reach $380.9 billion by 2025, according to a new report by Grand View Research.

The beancounters claimed that the evolving nature of the consumer electronic industry, advancements in graphic engines of televisions, increased pressure on manufacturers to reduce prices, and popularity of the ultra-high definition technology and its advantages have fueled the demand for UHD televisions in the past few years.

Latest graphic processors permit advanced technical image formats and have improved the content quality significantly hence, they are widely used in production and distribution of UHD content. Customers are getting accustomed to using such contents, which is further anticipated to spur the market growth.

The 52-65 inches’ segment dominated the global 4K TV market in 2016 since this segment has a wide range of product offering at different price points. Moreover, the adoption of novel technologies, such as Quantum dot LEDs (QLEDs) and Super UHD (SUHD) and decreasing prices of 4K TVs are expected to catapult the segment demand over the forecast period.

Televisions belonging to this range have high penetration rates as compared to the others. However, the above 62 inches’ screen size segment is expected to witness the highest growth over the forecast period owing to the declining price trend of 4K TVs coupled with increasing disposable incomes of individuals globally.

The global UHD TV market is expected to witness a CAGR exceeding 20 percent  from 2017 to 2025 owing to the changing consumer preference from HD to UHD technology along with increasing demand for high-end home products

Moreover, increasing penetration of ultra-high-speed internet, particularly in developed regions including metropolitan cities are expected to favorably impact the 4K TV market growth over the coming years.

The 52 – 65 inches’ segment accounted for the largest share in 2016, which is accredited to increasing penetration of 4K TVs in the higher economic class; however, with decline in TV prices the above 65-inch screen size segment pose high growth opportunities

The Asia Pacific region accounted over 40 percent  of the overall revenue share in 2016 and is also expected to dominate over the forecast period owing to the huge adoption along with declining prices of 4K televisions

A few key players who captured a significant market share in 2016 were Samsung, LG Electronics, Sony, Hisense, and Sharp.

 

Sharp Display will remain independent

keep-calm-and-stay-sharp-5Sharp has given up on an idea which would see it merging its troubled display business with rival Japan Display.

Apparently the company has a technological advantage over its competitors so it makes sense to keep going.

Norikazu Hohshi, the head of Sharp’s device business ,told reporters at a briefing that looking at its  overall display business he believed it should be on its own.

Sharp is due to post its third annual net loss in four years, hurt by aggressive competition from its rival and weaker-than-expected Chinese smartphone demand.

That is not to say that Sharp has not got a cunning plan to pull its nadgers out of the fire. Apparently executives are compiling a new business plan and considering investing in new nadger pulling equipment.

Chief Executive Kozo Takahashi met with officials from its main lenders Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ last Thursday, although he did not request specific amounts or make promises about restructuring.

The difficulty is that Sharp is really short of cash and may need help.

The banks agreed in September 2012 to rescue Sharp with loans and credit lines worth 360 billion yen, or $3 billion at today’s exchange rates, in exchange for promises to return to the black by this year.

Sharp then exited the European TV market and closed solar-panel businesses in Europe and the United States. However things do not appear to have become any better,

Sharp readies cloud push

Clouds in Oxford: pic Mike MageeSMEs are not taking sufficient advantage of the opportunities and cost advantages of the cloud, according to a survey by Sharp.

It has launched its Cloud Portal Office today, a subscription based model aimed at SMEs with data held at Amazon Cloud Services in Dublin.

Chris Hale, product manager of software at Sharp UK told ChannelEye that people running small to medium enterprises often didn’t realise the savings that could be made by having their data in the cloud, rather than in their offices. There were advantages from the security aspect too, with backups held remotely in case of fires or other catastrophes.

Hale said companies often had little idea how much it cost to maintain their own IT equipment costs.  The Cloud Portal offering, while launched today, will go live on the 2nd of December next giving it time to train its own direct and its channels’ indirect sales force.

SMEs, Sharp said, are “not only failing to realise the business benefits the cloud can bring, but also can lose control of networks and introducing vulnerabilities”.  Of the 1,500 plus employees surveyed across Europe, 83 percent didn’t think that they had an official cloud network in the workplace.

Sharp announces new head honcho

sharplogoSharp has announced that it has made Kozo Takahashi its new president and CEO.

The Japanese company, which last week reported a loss of $5.4 billion, has said that the current executive vice president will take the president and CEO title from 25 June.

The announcement as part of a business reorganisation aimed at helping the company return to a profit in March 2014.

The company also needs to make repayments for a new loan in September.

Last week it was reported that the company was planning to axe 5,000 of its 51,000 workers over the next three years in China and Malaysia as well as halving the number of workers at its head offices and cutting its board members by half.

Sharp moves at the blunt end of financial disaster

calmaThere are some rubbing of paws in the Far East over Samsung’s odd move to invest in Sharp.

For ages the two have been rivals, so sudden moves to smoke a peace pipe is a bit like Apple and Microsoft saying that they had been mates all the time.

The move appears to mostly come from clever negotiating from Sharp which needs an alliance in flat-screen TVs and mobile phone handsets, but it also needs some cash badly.

Samsung appears happy to write a cheque for $111 million in exchange for a three per cent stake in the Osaka-based company. It is likely that it will see a return in its money by getting a stable supply channel of liquid-crystal display panels.

According to NPD DisplaySearch, Sharp has been a key supplier of 40-inch LCD panels to Samsung, shipping over 400,000 units per quarter as well as 200,000 units per quarter of 60-inch LCD panels.

A report into the deal said that Sharp started to ship 32-inch (LCD panels) to Samsung at the beginning of 2013.

This means that Samsung will be buying more than one million panels from Sharp and it does not want someone coming in and muscling in on its supply.

Samsung can concentrate on the development of the next-generation organic light-emitting diode displays (OLEDs), which it has yet to mass produce while keeping its foot in the door with a nice low-cost supply of LCD TV display panels from its new chum.

It also isolates Apple from its main panel supplier. Sharp is currently one of the top display panel suppliers for Apple as it produces displays for the iPhone at its Kameyama plant.

Sharp can’t be too choosy about where its money is coming from. It wanted to raise millions from Foxconn, last year. But the deal fell through because the companies could not agree on the stock price and because Foxconn wanted to tell Sharp what to do.

Even after the deal with Samsung signed, the company still needs more investment. There is talk that either Intel writing a cheque but that might stuff up Sharp’s agreement with Qualcomm to manufacture next-generation LCD panels for smartphones in return for cash investments from Qualcomm.
As it is Qualcomm is already giving Sharp a contract in return for a three per cent stake in the firm once the project is completed.