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Sharp acquires control of its European TV manufacturer


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Old 28-12-2016, 12:14
1andrew1
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On 1 January 2015, UMC of Slovakia took over the Sharp licence in Europe together with Sharp's factory in Poland.
Following its acquisition by Foxconn in August 2016, Sharp is reversing its licensing policy. It has now agreed to buy a 56.7% stake in UMC. This comes on top of an agreement in September to supply TV panels to UMC.

It still licences its brand in Europe to Vestel for White Goods and in the USA to Hisense. Hisense declined to hand back the Sharp brand licence.
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Old 31-12-2016, 23:10
Orbitalzone
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Crickey did Sharp suddenly realise that letting a bottom of the range manufacturer use its name on their products might somehow backfire when people found out they'd bought some budget junk rather than a Japanese product?

Meanwhile in other news, bears have been found to deficate in woods.
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Old 01-01-2017, 10:36
Nigel Goodwin
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Crickey did Sharp suddenly realise that letting a bottom of the range manufacturer use its name on their products might somehow backfire when people found out they'd bought some budget junk rather than a Japanese product?
That ship sailed years ago

Most Sharp TV's had been Vestel for many years, and the ones that weren't were never very good.
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Old 03-01-2017, 19:20
Orbitalzone
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That ship sailed years ago

Most Sharp TV's had been Vestel for many years, and the ones that weren't were never very good.
Yeah I know, it looks like it took Foxconn who recently bought Sharp to realise that selling your soul to the budget TV devil (Vestel or UMC) is not generally a good way to promote your brand name. Still maybe others will follow suit.... once Foxconn buys Sony, Panasonic, Toshiba etc
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Old 03-01-2017, 22:48
ney
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Sharp is one of the TV makes that have went right downhill over the last 5 to 10 years.
My sister had a Sharp years ago cost just under £400 at the time, TV looked good when she first got it but turned out to be crap.
I now tend to not recommend anything that I know maybe made by the likes of Vestel.

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