by Copitex Business Machines | Aug 24, 2016 | MFP News, News
August 23, 2016 Sharp finally sold – Taiwan’s Foxconn (aka Hon Hai Precision Co.) completed its $3.8 billion takeover of the cash-strapped Sharp of Japan following approval by the Chinese antitrust authorities. – Named Tai Jeng-wu, vice chairman of...
by Copitex Business Machines | Dec 14, 2015 | Boston Printer Sales, News, Printer News
December 4, 2015 Sharp’s financial situation update – Sharp Corp. has regained $433 million of market value in past week as it was reported that some banks in Japan may forgive Sharp’s loans – Sharp’s debt has mounted to more than 5 times the value of its...
by Copitex Business Machines | Dec 2, 2015 | Boston Copier Sales, News
Sharp’s financial troubles continue – Financial Times newspaper reports on latest issues – “First it cut wages, but Sharp has a new demand for long-suffering employees; the struggling electronics group has set them targets to buy company goods” – “By...
by Copitex Business Machines | Oct 15, 2015 | Boston Muratec, Copier News, News
Powerful color multifunction solution delivers printing, scanning, copying and faxing to the workgroup PLANO, TEXAS USA—Muratec America, Inc., manufacturer of multifunction office equipment and business productivity solutions, announces today the expansion of their...
by Copitex Business Machines | Oct 5, 2015 | Copier News, News, Printer News
Toshiba scandal results in record fine -The Tokyo Stock Exchange announced that it has levied a 91.2 million yen fine on the company for its accounting scandal -Also placed its stock on alert, compelling it to file a report outlining the ways it intends to improve its...
by Copitex Business Machines | May 27, 2015 | Copier News, News
Toshiba announces scandal: Company announced it has cancelled a scheduled dividend payment and withdrew its earnings outlook This was result of an expanded investigation into accounting irregularities at the company A widened probe into its book-keeping, for the 2nd...
