The first signs that the financial support of Foxconn adjusted the life of the Japanese corporation Sharp , were shown in fresh quarterly report. At least, the new president of Sharp Ren Wu Tai at specialized events expressed the hope that by March following calendar year, the corporation will be able to receive an operating profit of $ 245 million. For the first time since 2014, ending the reporting period without losses.
Complete the financial half-year for Sharp was not optimistic. In fact, if things go well on, by March the company announced revenue decrease by 19% compared with the previous year. Revenues from sales of displays for the first half fell by 36%, sales of electronic components and solar cells yielded 28% and 34% less money, respectively. The new management Sharp acknowledges that reforms must continue.
Tai Ren Wu admits that invest in the development and production of OLED-displays in the conditions of limited resources will not be easy.