Featured Articles

AMD sheds light on stacked DRAM APUs

AMD sheds light on stacked DRAM APUs

AMD is fast tracking stacked DRAM deployment and a new presentation leaked by the company  points to APUs with stacked DRAM,…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 06 May 2013 09:50

Sharp’s chairman likely to retire

Written by Nick Farrell



Shake up at LCD maker

Sharp’s chairman Mikio Katayama is likely to be escorted to the company’s car park where PR girls shower him with cherry blossom and he does the honourable thing, according to rumours coming out from the Land of the Rising Sun.

Sharp, Japan's leading maker of liquid crystal displays, is expected to reveal a new medium-term business management plan on May 14. It wants a new management structure for a business rebuilding with authority concentrated with Okuda, the news agency said.

The company's main creditor banks, Mizuho Corporate Bank and the Bank of Tokyo-Mitsubishi UFJ, have been calling for Katayama's retirement because his presence caused uncertainty in the decision-making process and his retirement was considered unavoidable.

Katayama has already notified creditors of his intention to step down and a company adviser, Katsuhiko Machida, and a special adviser, Haruo Tsuji, were expected to join him in the car park. Sharp is expected to record a $5.1 billion net loss in the year that ended on March 31 as panel plants asset write offs crimped its bottom line.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments