Wednesday, December 28, 2016

The direction of Sharp

So, new management shows up at Sharp. 

The new guy will look at all the assets of the company and how to leverage them.

This company has access to Microvision's technology -- and a collection of large and powerful customers.

Taiwan's Sharp Savior

Tai Jeng-wu, 65, took over as president of Sharp Corp. in August after Foxconn Technology Group, and its founder Terry Gou, won a four-year battle for control of the struggling electronics maker. One of Gou's long-time lieutenants, Tai (pronounced Dai) is tasked with delivering on promises to turn the company around after five annual losses in six years.


Fluent in Japanese and an operations specialist, Tai's 30-year career at Foxconn means he's been alongside Gou as the company transitioned from plastics molding and low-end components maker to become the world's biggest manufacturer of electronics including the iconic iPhone, which put the Taiwanese company on the map. He led the protracted battle with creditors and shareholders to get control of Sharp, and was instrumental in turning around Sakai Display Products Corp. which Gou owns personally along with Sharp.

To keep the turnaround on track Tai will be trying to leverage Foxconn's close relationships with major clients, including Apple Inc., to keep its finger on the pulse of technology developments and win more orders. For sure, Foxconn and its biggest client are keen to sideline their mutual rival Samsung Electronics Co. which is both a supplier to and competitor of Apple, but that can only happen if Sharp is able to offer the right products.

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