|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||3.3000 - 3.3500|
|52 Week Range||2.1500 - 4.0400|
|Beta (5Y Monthly)||1.74|
|PE Ratio (TTM)||11.71|
|Forward Dividend & Yield||0.09 (2.65%)|
|Ex-Dividend Date||Mar 27, 2019|
|1y Target Est||2.57|
Japan Display (JDI), a display technology joint venture, is in discussion with Apple and Sharp to sell its Hakusan factory in Ishikawa Prefecture, sources told the Nikkei. JDI could sell the factory to Apple for a price of between 80 billion and 90 billion yen ($730 million and $820 million), reports the Nikkei.
Cash-strapped Japan Display Inc is discussing the sale of its main smartphone screen factory to Apple Inc and Sharp Corp for as much as $820 million, the Nikkei business daily reported on Friday. Sharp, a unit of Taiwan's Foxconn and which like Japan Display is also a supplier of phone screens to Apple, said it was considering the purchase of the plant after receiving a request from a client it did not identify. "We are carefully considering it, reviewing the impact that any purchase would have on our earnings, and whether and how much risk it would entail," Sharp said in a statement.
Japan's Sharp Corp , an Apple supplier, posted a profit that beat expectations and was its first rise in five quarters, driven by the strength in the laptop business it bought from Toshiba . Sharp, which makes sensors, camera modules and screens for Apple's iPhones, posted an operating profit of 22.3 billion yen ($206.54 million) for the second quarter ended September, up from 22.2 billion yen a year prior. Sharp, a unit of Taiwan's Foxconn , maintained its profit forecast for the year ending March at 100 billion yen, versus a consensus estimate of 82.23 billion yen from 10 analysts.
Roku (ROKU) stock jumped 2% Monday as the broader market tumbled amid trade war worries. The climb is part of an astounding 244.3% climb for Roku shares in 2019. This climb likely has investors wondering if Roku's growth can continue.
Shares of Apple supplier Sharp Corp tumbled 14% on Friday given concerns about an escalating China-U.S. trade war, even as the Japanese firm said a day earlier that it would build a plant in Vietnam to ease any impact on its business. Sharp, which makes sensors, camera modules and screens for Apple Inc's iPhones, said late on Thursday the new plant in Vietnam will make flat screens, electronic devices and air purifiers from the fiscal year starting in April next year. The plant will allow it to shift part of its production from China if requested by customers, a Sharp executive said on Thursday after announcing a plan to set up a unit in Vietnam with $25 million capital to manage the factory.
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.
Japan's Sharp Corp, an Apple Inc supplier, said on Thursday it expects its operating profit to rise 18.8 percent this year, but well below its target. Electronics maker Sharp, controlled by Taiwan's Foxconn , forecast operating profit of 100 billion yen ($909.84 million) for the year to March 2020, up from 84.1 billion yen a year earlier.
Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the licence for its own TV brand sold to China's Hisense Group four years ago. The move is part of Sharp's growth strategy after a dramatic turnaround at the Osaka-based firm since it was taken over by Taiwan's Foxconn, the world's largest contract electronics, in 2016. Sharp declined to disclose details of the latest licensing arrangement with Hisense.
Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for its own TV brand sold to China's Hisense Group four years ago. The move is part of Sharp's growth strategy after a dramatic turnaround at the Osaka-based firm since it was taken over by Taiwan's Foxconn, the world's largest contract electronics, in 2016. Sharp declined to disclose details of the latest licensing arrangement with Hisense.
Apple is one of the best performing stocks of 2019, up over 80% year to date. This comes as Nikkei reports Japan Display is mulling the sale of its smart-phone screen plant to Apple and Sharp Corp. Yahoo Finance’s Jared Blikre joins Seana Smith on The Ticker to discuss.