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| - With an Eye to Local Production for Local Consumption in Cutting-Edge Fields |
Osaka, Japan, Feb 8, 2011 - (ACN Newswire) - Sharp Corporation established SHARP LABORATORIES OF CHINA CO., LTD. (SLC), an R&D base, on January 11, 2011. SLC will begin operations in the spring of 2011.
Sharp already has an Advanced R&D Center at its Chinese sales subsidiary for developing mainly software, and the establishment of SLC as a separate company will improve on the capabilities of this R&D center and allow Sharp to better create innovative products that respond to customer needs and anticipate future market trends.
SLC will develop cutting-edge technologies for products geared to local market needs, as well as conduct R&D in areas central to Sharp's global business. It will also train employees capable of helping Sharp meet these goals, and it will make the most of open innovation by collaborating closely with local universities and research institutes.
Sharp will continue improving the capabilities of SLC while at the same time striving to complete an integrated system of local production for local consumption in China that handles everything from crucial R&D to product planning, and production through to sales and marketing. Furthermore, to strengthen global research and development, SLC will be a part of Sharp's worldwide network of four R&D bases, together with bases in Japan, the US, and the UK.
Overview of New Subsidiary
Company name SHARP LABORATORIES OF CHINA CO., LTD. (SLC)
Company location Bldg. 2-101/102, No. 1387 Zhangdong Rd.,
Zhangjiang Hi-Tech Park, Shanghai, China
Representatives Chairman: Nobuyuki Sugano
(Sharp Corporation Executive Managing Officer)
President: Wu Yadong
Research areas Research and development of technologies related to
environment, energy, electronic telecommunications,
and materials
Capitalization US$1.4 million
Employees 65 (plan for this spring)
Establishment January 11, 2011
Contact:
Corporate Public Relations Division
Sharp Corporation
Phone: +81-6-6625-3006 (Osaka)
Phone: +81-3-3260-1870 (Tokyo)
Topic: Establish Subsidiary
Source: Sharp Corporation
http://www.acnnewswire.com
From the Asia Corporate News Network
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