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    6753   JP3359600008

SHARP CORPORATION

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Sharp : Filed Patent Infringement Damage Lawsuits against OPPO and OPPO Japan

03/09/2020 | 03:53am EDT

Sharp Corporation (hereinafter 'Sharp') filed damage lawsuits for patent infringement in the District Court Munich I and District Court Mannheim against Guangdong OPPO Mobile Telecommunications Corp., Ltd (hereinafter 'OPPO', Head Office: People's Republic of China) on March 6, 2020, and also Sharp filed damage lawsuits for patent infringement in the Tokyo District Court against OPPO Japan (Head Office: Shinagawa Ward, Tokyo, Japan) on March 6 and 9, 2020. Sharp alleges that OPPO and OPPO Japan infringe several of its LTE patents related to communication technologies implemented in smartphones.

Sharp views its patent portfolio as a major resource for its business development. Sharp will take necessary actions to protect its intellectual property rights.

Disclaimer

Sharp Corporation published this content on 09 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2020 08:37:02 UTC


ę Publicnow 2020
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Financials
Sales 2022 2 510 B 22 998 M 22 998 M
Net income 2022 66 527 M 610 M 610 M
Net Debt 2022 307 B 2 817 M 2 817 M
P/E ratio 2022 15,6x
Yield 2022 1,77%
Capitalization 1 033 B 9 456 M 9 464 M
EV / Sales 2022 0,53x
EV / Sales 2023 0,53x
Nbr of Employees 50 478
Free-Float 36,4%
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Mean consensus UNDERPERFORM
Number of Analysts 11
Last Close Price 1 691,00 JPY
Average target price 1 545,45 JPY
Spread / Average Target -8,61%
EPS Revisions
Managers and Directors
Cheng Wu Tai Chairman & Chief Executive Officer
Katsuaki Nomura Executive President, COO & Representative Director
Mototaka Taneya Managing Executive Officer, GM-R&D Business
Yasuo Himeiwa Independent Outside Director
Yutaka Nakagawa Independent Director
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