Sharp mortgages iPhone screen factory, Japanese plants and offices

Electronics maker Sharp has mortgaged almost all of its domestic offices and factories in order to stay in business.
The properties were offered as collateral for up to 150 billion yen ($1.92 billion) of credit from Mizuho Financial Group and Mitsubishi UFJ Financial Group, according to Reuters.
Company spokeswoman Miyuki Nakayama told Reuters the offering includes “almost all the business sites owned by Sharp in Japan.”
Sharp operates 11 factories in Japan that make products including display screens, TVs and solar panels. The Kameyama plant in western Japan manufactures screens for Apple…

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Vinod Rawat

I'm a very patient listener with positive attitude towards work and life. I'm kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family. Professionally I'm a Web & Graphic Designer and also a Pro Marketer. I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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