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Sharp Corporation

Sharp Corporation

Industry: 
Electronics
Value of USG Contracts: 
341
Symbol: 
TYO:6753
States: 
NJ
Country: 
Japan
Sources: 

Sharp manufactures consumer/information products and electronic components, including LCDs, solar cells, and other electronic devices (Company Website).

According to its website, “At Sharp Electronics Corporation, a U.S. subsidiary of Osaka-based Sharp Corporation - a company known worldwide for its unique one-of-a-kind electronic products and solutions, our challenge is to create a balance between work time and personal time, with products that can benefit people's lives at work, at home, and everywhere in between” (Company Website).

Sharp is a leading solar manufacturer, powering “more homes and businesses than any other solar manufacturer in the world.” Sharp uses semiconductors to create utility-scale solar cells for government use (Company Website).

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The Maadiran Group, “Iran's leading office equipment and technology systems supplier, manufacturer, and after-sales service provider,” features Sharp products on its home page. (Maadiran Group Website).

The Iran Office Machines Center, one of the three subsidiaries comprising Maadiran, "is the exclusive distributor in Iran for Olivetti, Optoma, Plustek, Epson, Sharp, LEXMARK, MEVA and LG Electronics." (Maadiran Group Website)

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According to Business Monitor International, Sharp has a long history of business in Iran: “While US vendors are restricted from direct involvement in the market, their Asian rivals, in particular, have fewer inhibitions. Many, including Samsung, LG and Sharp, have hastened to take advantage of the opportunity presented to them by building up distribution and even production strength in the country.”

“Iran has long had more significant manufacturing capacity in computer peripherals, particularly printers and monitors…Sharp has been perhaps the biggest player and was the brand of the first fax machine and first notebook computer to be produced in Iran in 1984 and 1985 respectively.”

“Iran's AV device production capacity is growing. In the 2005/06 fiscal year, Iran produced around 768,209 colour TV sets and 562,473 radios and cassette players, according to government figures. The industry started to develop in the 1990s with the first LCD projector, from Sharp, being manufactured in 1991 and the first CRT monitors in Iran from LG in 1993” (Business Monitor International, "Iran Q2 2010 (Market Overview Article)," March 2, 2010).

 

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Sharp electronics are sold elsewhere in Iran, through Hadid Persian Electronics. (Iranian Wholesale Website).

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Sharp’s corporate social responsibility policy states, “Sharp is committed to being a socially responsible company, conducting its operations with concern for the impact of its activities on its customers, suppliers, employees, communities and other stakeholders, as well as the environment. The company aims an overall positive impact on society by contributing to the culture, benefits, welfare and quality of life for people throughout the world, for its prosperity as a company is directly linked to the prosperity of the entire Sharp family.” (Company Website).