Liquid crystal Business seeks "asset lightweight"

Absrtact: June 25 This year, Japan Sharp company executive director, Greater China CEO, Sharp (China) Investment Co., Ltd. chairman and general manager of the new extension one, yesterday in the "First financial daily" reporter interview, said sharp future direction will be to seek

June 25 this year, Japan Sharp, the Executive director of the Greater China Region CEO, Sharp (China) Investment Co., Ltd. chairman and general manager of new extension one, yesterday in the "First financial daily" interview, said Sharp future direction will be to seek "asset lightweight", In the form of a joint venture to establish Nanjing 8.5-generation LCD panel line, and Lenovo cooperation in the development of intelligent television, is the embodiment of this direction.

Liquid crystal Business seeks "asset lightweight"

Recently, sharp and China Electronic Information Industry Group Co., Ltd. jointly established the "Nanjing CLP Panda Flat Display Technology Co., Ltd." to be launched in Nanjing 8.5 generation line attracted much attention.

"This is Sharp's first overseas joint venture LCD panel project. "New extension One told our correspondent, Nanjing 8.5 generation line project capital of 17.5 billion yuan, by CEC shareholding 92%, Sharp shareholding 8%." "We use 1.4 billion yuan input, reached the investment effect of 17.5 billion yuan, in line with sharp liquid crystal business ' asset lightweight ' direction. ”

In the past, sharp built a lot of liquid crystal panel factories, including the proud "Sakaisuji factory" (10 generation line). Building these factories requires a lot of money, leaving sharp a huge debt. Sharp has now changed tack, and strive to liquid crystal business "asset lightweight", in the future can take "the other side out of funds, sharp out of the technology" approach, combined to build production base.

Therefore, Sharp will be in Nanjing 8.5 generation line to import its core igzo (Indium gallium zinc oxide) technology, so that it can also produce high-definition small and medium sized LCD panel. New extension one revealed that Nanjing 8.5 generation line has pledged to prevent the igzo of intellectual property leakage, and will pay a patent royalties to sharp.

Planned to start in August 2013, June 2015 production of the Nanjing 8.5 generation Line, the design capacity of 60000 base plate per month, can be cut into 7.2 million high-definition LCD panels and modules for televisions, computer screens and tablets. The new original extension says that Sharp provides technical and support services and has the right to purchase high value-added LCD panels.

2015 China will have 8 8.5 generation lines, some worry about overcapacity. New original extension said, large LCD panel growth rate of 7% per annum, small and medium-sized LCD panels, especially high-definition panels are also strong growth, is expected to 2015 market size is now twice times. HD panel If the cost is further reduced, it will enlarge the market and will not lead to a worsening of supply and demand.

Denied the sale of Nanjing Color TV Factory

There have been rumors that Sharp plans to sell Nanjing color TV factory to Lenovo, and with Lenovo set up a joint venture in China, the two sides will be in the development of television, manufacturing and marketing links to cooperation.

The new one denies the sale of the Nanjing plant: "The sale of the Nanjing factory to Lenovo is not a news release." ”

However, the new extension one is optimistic about sharp and Lenovo in television research and development cooperation. "By Lenovo to provide users with intelligent functions and services related content, Sharp is responsible for the television function of the part, including sound quality, image technology and so on to play both sides of the advantage." ”

However, the partnership Sharp did not set up a joint venture with Lenovo, also did not create a new brand. The new original extension said, the two sides will send each other technical personnel, joint research and development. Because Sharp and Lenovo's product planning ideas are different, the new one said, will not appear sharp, Lenovo will be the same color TV products affixed to different brands to sell the phenomenon.

The absence of a Nanjing color TV factory may be related to Sharp's recent financial improvements. Mizuho Bank and the Bank of Tokyo-Mitsubishi UFJ have agreed to extend the loan of 350 billion yen, which was scheduled to expire on June 28, 2013, to March 31, 2016, while offering sharp a new joint loan of 150 billion yen caps, the new source said.

In addition, the second tranche of us Qualcomm's stake in Sharp is in place. Following the investment of about 4.94 billion yen in December 2012, Qualcomm June 24, 2013 invested about 5.96 billion yen to subscribe to the shares of sharp-directional offerings. At this point, Qualcomm has a total stake in Sharp 3.53%, to become Sharp's third largest shareholder.