Tagged With "Terry Wohlers"
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Japan Won’t Give Up Sharp Without a Fight
Japanese Prime Minister Shinzo Abe came into office on a pledge of resuscitating the economy with market reforms and stimulus programs. Now his government’s commitment to shareholder rights faces scrutiny in the case of troubled electronics giant Sharp. Although the Osaka-based company is a household name because of its TVs, it’s long operated in the red. For the year ending in March, analysts estimate a loss of 82 billion yen ($694 million). Sharp is in talks with two possible saviors:...
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Sales of desktop 3D printers explode, growing nearly 70%
"Sales of desktop 3D printers, the majority of which are still purchased by companies and schools, skyrocketed last year to the tune of a 69.7% increase. From 2014 to 2015, the sale of desktop printers with a retail price below $5,000 jumped from 163,999 to 278,385, according to the 21st edition of the Wohlers Report. Terry Wohlers, president of industry research firm Wohlers Associates, said desktop sales are booming because they're inexpensive, 'yet many of them produce decent models for...
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Foxconn Founder Warns Layoffs Are Needed to Revive Sharp
Foxconn founder Terry Gou said there would have to be layoffs at Sharp to turn around the ailing Japanese company, but pledged that wages would rise and profit-sharing would again be the norm. “Unfortunately, a close review of the company’s operations makes it clear that the level of inefficiency throughout Sharp means that a turnaround … can only take place if there is a reduction in costs, and that comes with a very regrettable need to reduce Sharp’s workforce,” Gou wrote in an open...
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Re: Foxconn Founder Warns Layoffs Are Needed to Revive Sharp
gotta wonder how far the cuts will go, a report yesterday stated Sharp may cut 1,000 jobs from the photocopier business unit
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Foxconn’s founder to run for president
Foxconn’s founder to run for president Foxconn, aka Hon Hai Precision of Taiwan, and owner of Sharp, announced that its billionaire founder, Terry Gou, will run for president of Taiwan “Give me 4 years and I promise that I will bring 50 years of peace to the Taiwan Strait and build the deepest foundation for mutual trust across the strait”, he stated, regarding future takeover by China Needs 290,000 signatures by 11/2/23 to qualify as an independent candidate
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Electronic Business Machines Makes Leadership Moves
An internal C-suite promotion and external strategic hire. Everett, Washington—February 26, 2024—Brian Landgren, President of Electronic Business Machines, announced today key leadership moves for the company. They include an internal promotion as well as an external hire. Brain said, “I am very pleased to announce the promotion of Dave Schlosser to the position of Chief Operating Officer, and the hire of Terry Reese recruited for the position of VP of Sales.” These management moves were...