Japan’s Sharp may look at an earlier timeline for Dynabook PC unit IPO

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

 

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.