AVS Addicted Member
Join Date: Dec 1999
Location: Stop making curved screens
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Honestly, I think this discussion belongs in my other thread... but that said, I think this news can only be interpreted as very bad.
Sharp is fighting to stave off bankruptcy right now. There is no other way to describe what is occurring. This isn't some kind of shuffling of the balance sheet to buy flexibility, this is a fight for survival.
The "good news", such as it is, is that the more desperate the situation becomes, the more sure you can be that Hon Hai will end up buying the carcass of the LCD division. There is no way a sale of 9.9% of anything is going to be sufficient for Sharp at this point. They need a much larger capital infusion. I suspect the conversations are moving toward something like 49.9% rather quickly. But if Sharp's balance sheet deteriorates any further, even that won't cut it. These percentages are meaningless when the value of Sharp's equity is headed for zero. If 10% were going to yield $800 million, that's one thing. But all of Sharp seems to be worth about $3 billion right now. Sharps's debt is also rated "junk" and things could easily get worse from here.
There is no difference in HDMI cables. If you can see the picture without visible dropouts or sparklies, the cable is working at 100%. No other cable will display a better version of that picture. You're simply wrong if you think there is a better digital cable than one that is already working. (Oh, and plasma didn't die because of logistics problems, nor does OLED ship in big boxes because it comes from Korea.)