Taipei,Sept.24,2012(CENS)--Sharp Corporation,the Japanese home appliance maker,announced to further build Taiwan's white appliance market,aiming to quadruple revenues within three years.
The proposed market expansion in Taiwan will see Sharp planning to launch new products as inverter refrigerators,irobots,and 80-inch light emitting diode(LED)TVs,to be outsourced to Sampo Corp.,a Taiwanese maker of home appliances,to further strengthen relationship between two companies.
Sharp and Sampo set up the Sharp Corporation(Taiwan)in 1990 to sell in Taiwan imported Sharp home appliances.
An executive of Sharp Taiwan said recently corporate target revenue will increase to NT$3 billion(US$100 million),soaring 50%or NT$1 billion
(US$33.33 million)year on year(YoY),adding that Sharp plans to raise outsourcing to Sampo,focusing on large-volume washing machines that Sharp does not produce,which also rounds out Sharp's white appliance line.
Insiders say that Sharp values development of the white appliance market in Taiwan very much.Sharp is a major buyer of inverter compressors from Rechi Precision Co.,Ltd.,maker in Taiwan of compressors and affiliate of Sampo Group,with such buy to reach one million units this year.
(by Renee Chen)
