Japans Sharp May Look At An Earlier Timeline For Dynabook PC Unit IPO

Friday July 03, 2020.

A logo of Sharp Corp is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai/File Photo

Japan’s Sharp Corp has indicated that its laptop making unit may go public this year instead of 2021, the Nikkei Asian Review reported on Thursday.

According to the Nikkei report, the Osaka-based electronics maker’s Chairman and Chief Executive, Tai Jeng-wu, told a news conference he hoped the Dynabook unit could list by the end of 2020.

Sharp bought Dynabook from Toshiba Corp for $36 million in 2018, marking its return to a market it had quit years prior.

The Osaka-based firm sold two idled facilities at its chip plant to Mitsubishi Electric Corp last month, and spun-off its camera module and display devices business in late May, as supply chain disruptions due to the coronavirus outbreak ate into its annual earnings.

Reuters

Japans Sharp May Look At An Earlier Timeline For Dynabook PC Unit IPO

Indian Food Delivery Unicorn Zomato Likely To File For IPO Next Month

Vietnams Bamboo Airways Aims Third-quarter Listing With Market Cap Of $2.73b

Didi Chuxing Advances IPO Plans To Next Quarter, Targets $62b Valuation

Warburg-backed Kalyan Jewellers IPO Loses Shine, Sees Tepid Demand

Chinese E-commerce Platform DMall Hires Banks For Over $500m US IPO

Tencent-backed Chinese Software Firm Tuya Eyes $915m In US IPO

navigation

media coverage

follow us