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SHCAY Sharp Corporation (PK)

1.415
-0.015 (-1.05%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sharp Corporation (PK) USOTC:SHCAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.015 -1.05% 1.415 1.36 1.46 1.415 1.415 1.415 353 21:04:04

Sharp to Discontinue Solar Cell Production in UK

18/12/2013 2:50am

Dow Jones News


Sharp (PK) (USOTC:SHCAY)
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From Jul 2019 to Jul 2024

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TOKYO--Sharp Corp. (6753.TO) will discontinue production of solar battery cells at its plant in the U.K. by the end of February and will lay off 250 of its workers there, the Nikkei reported Wednesday.

The struggling Japanese electronics maker has fallen on hard times as stiff price competition clouds the possibility of a recovery in profitability for its solar battery operations.

The plant will keep intact its microwave oven production, after the solar cell output is phased out, the report said.

Write to Tokyo Bureau at tokyo.djnews@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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