 |  |  |  |  |
Sharp mortgages itself to the hilt just to keep going
| |||||||||
|
Sharp mortgages itself to the hilt just to keep going
| | |||||||
 |
 |
| | Thread Tools |
7th September 2012, 06:56
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,500
 |  Sharp mortgages itself to the hilt just to keep going Sharp has mortgaged its offices and factory buildings in order to raise the cash it needs to stay in business, according to Reuters. It's cut a deal with banks for nearly $2 billion in short-term credit secured on its assets -- including the factory that reportedly produces displays for the iPhone. Sharp had pinned its hopes on cash from Hon Hai, but the Chinese giant is apparently delaying the money with the aim of gaining more control over Sharp's business. In response, Sharp has pledged to send president Takashi Okuda to meet Hon Hai's Terry Gou in Taipei -- just as soon as it's scraped together the air-fare. http://www.engadget.com/2012/09/06/s...tgages-itself/ |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| DangerDen's New Colored Q20 Cases Look Sharp | jmke | WebNews | 0 | 17th October 2011 07:54 |
| Sharp Introduces New HD LCD TVs | jmke | WebNews | 0 | 29th January 2006 23:56 |
| Sharp Zaurus SL-C3000 | Sidney | WebNews | 0 | 26th May 2005 16:13 |
| Sharp LC37G4U 37" LCD TV | Sidney | WebNews | 0 | 21st December 2004 01:05 |
| TK - Sharp materiaal | wutske | Mad Bargains | 0 | 18th December 2004 16:01 |
| low budget protection against sharp points | jmke | Hardware Overclocking and Case Modding | 2 | 3rd December 2002 08:05 |
| Thread Tools | |
| |
