Sharp Reports Mobile Sales Up 29 Percent
Sharp Reports Mobile Sales Up 29 Percent

Sharp Reports Mobile Sales Up 29 Percent

Sharp Reports Mobile Sales Up 29 Percent

Profit at Japanese electronics maker Sharp Corp. jumped 15 percent in the latest fiscal year on strong sales of flat-panel televisions and mobile phones according to results reported this week. Net income surged to 101.7 billion yen (US$861.9 million) in the year through March, while sales climbed 12 percent to 3.13 trillion yen (US$26.5 billion), Sharp said in a news release.

Earnings in the year just ended were lifted by hot-selling liquid crystal display televisions, which saw sales rocket by 49 percent, and mobile phones, which jumped 29 percent. The Osaka-based company forecast profit growth to slow to 3.2 percent to in the current year ending March 2008 on a 8.7 percent increase in sales. Full article Here.