Low Smartphone Sales See Sharp Profit Slide
Sharp has warned shareholders of a six-month operating loss, due to poor sales of smartphone displays (rumoured earlier this month: Sharp Cuts Smartphone Display Production), specifically in China. For the six months ending on the 30th September, Sharp expects net sales of ¥1.3 trillion ($10.8 billion) and an operating loss of ¥26 billion ($216 million). … Read more