DIVERGENT FORTUNES: Panasonic Corp said it remains on track for its best annual operating profit since 2008, while Sharp Corp warned it will slip into its third annual net loss in four years.
TOKYO: In an industry dominated by Apple Inc, Samsung Electronics Co and other Asian firms, the differing strategies used by Japan's technology firms to try to cope have led to losses for some and profits for others.
Osaka-based Sharp Corp warned it will slip into its third annual net loss in four years, saying a supply glut squeezed sales of smartphone displays in China, the business line it had counted on for growth. Best known for the Aquos TV brand, it said it's now rethinking its businesses.
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