Sharp’s Third-Quarter Profit Up 38.5%, Above Estimates

The following appears on nytimes.com

TOKYO — Japan’s Sharp Corp on Tuesday reported a 38.5% increase in third-quarter operating profit thanks to gains at its smart appliance division and cost reduction efforts.

Sharp, which makes sensors, camera modules and screens for Apple Inc’s iPhones, posted an operating profit of 29.4 billion yen ($270 million) for the October-December quarter, up from 21.2 billion yen a year prior.


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SOURCE NY Times

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