Reorganisation & Restructuring – Page 12

Sharp Closes Tenri in Restructure

by Tom Allen

Image credit: Nikkei,Local sources say that Sharp is to close its Tenri LCD factory in Nara Prefecture, Japan, although there will be no job losses. The move is being taken as part of a …

Tech Source Becomes Eizo Rugged Solutions

by Tom Allen

Eizo group company Tech Source, a US-based unit specialising in ruggedised graphics and video products, is changing its name. From the 1st April, the firm will be known as Eizo Rugged Solutions Inc. Eizo …

Tags:Eizo| Large Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 06

Ingram Relocates Mobility in Germany

by Tom Allen

Ingram Micro has decided to close the Trier and Ratingen offices of its Mobility division in Germany, as it centralises work at its offices in Dornach (near Munich). It is expected that most employees …

Tags:Germany| Ingram Micro| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 06

BlackBerry Slims Workforce Again

by Tom Allen

Blackberry will cut 200 jobs, in Ontario and Florida, to cut costs, it has said. The smartphone maker is seeking a return to profitability, putting more of its focus on its enterprise software business. …

Tags:BlackBerry| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 05

Toshiba Updates Forecasts, Deepens Loss

by Tom Allen

The accounting controversy that rocked Toshiba last year (Toshiba CEO Resigns Over Accounting Scandal) is still plaguing the firm, which has forecast its largest-ever loss for this fiscal year (ending in March): ¥710 billion …

Kopin Receives Final Payment

by Tom Allen

Kopin has received the final $15 million payment for the sale of its III-V product line, which was completed in January 2013. Kopin sold its IC business to IQE, a UK-based designer and supplier …

Tags:Kopin| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 02

HTC Denies VR Rumours

by Tom Allen

HTC has denied media reports claiming that it plans to spin off its VR business into an independent company.

Tags:HTC| Mobile Display Monitor| Reorganisation & Restructuring| Vol 23 - Issue 02

INCJ Looks at Sharp/JDI Merger

by Milos Pavlovic

Sharp could be able to shortly finalise a restructuring plan that could inject $3 billion into the business, according to Reuters, which quoted “sources close” to the deal. The Innovation Network Corporation of Japan …

Toshiba Forecasts Record Loss

by Tom Allen

In a gloomy end to the year, Toshiba has announced that it will cut 6,800 jobs from its PC, video and consumer electronics divisions – representing 3% of the firm’s total employees. The cuts …

Tags:Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| toshiba| Vol 22 - Issue 51

LeTV Takes 20% Stake in TCL

by Tom Allen

China’s LeTV is to acquire a 20% stake in TCL: an acquisition valued at HKD2.2 billion ($291.6 million). Through the move, LeTV will become TCL’s second-largest stakeholder. The official owner of the shares will …

New Toshiba Plan May Include PC Sale

by Tom Allen

According to Japan’s Sankei newspaper, Toshiba may announce its business plan, covering the next three fiscal years, in March. The company will set fiscal targets, and – apparently – plans to restructure its operations …

Tags:Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| toshiba| Vol 22 - Issue 50

HP Inc Gets Started

by Bob Raikes

This week, Tom was away so I was in the writing chair as well as editing. Combined with a trip to an Epson event about Colour Light Output (of which, more later), and a …