Sharp

I wonder what they're up to?

It's not making LCD TVs...

And they're playing with lasers a lot... 


Reuters

Japan Today

TOKYO (Reuters) - Japan’s Sharp Corp, an Apple Inc supplier, said on Thursday it would not meet its mid-term profit target in the current fiscal year after a shift in focus, and that a U.S.-China trade war is impacting its relationship with clients.

The weak outlook comes as parent Foxconn, the world’s largest contract manufacturer, tries to cut dependence on smartphone maker Apple as handset sales plateau.

Sharp, which makes screens and camera modules for Apple’s iPhones, expects operating profit to rise 19 percent to 100 billion yen ($909.84 million) for the year through March 2020 versus a year earlier. That compared with a 92.5 billion yen average of 10 analyst estimates compiled by Refinitiv.