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Sharp Corporation

Companies/Japan  •  Curated by Admin Timeline.sg

Sharp Corporation, founded in 1912 by Tokuji Hayakawa in Tokyo, Japan, evolved from a metal workshop into a global electronics giant known for innovations in calculators, LCD displays, and solar cells. After decades of growth, financial struggles led to its acquisition by Foxconn in 2016, followed by restructuring and a focus on next-generation technologies.

Chronological Storyline (41 Milestones)

Sep 15, 1912 CE

Tokuji Hayakawa Founds Metal Workshop

Tokuji Hayakawa establishes a small metal workshop in Tokyo, Japan, with initial capital of just 50 yen. This marks the beginning of what would become Sharp Corporation. #electronics #history

Tokuji Hayakawa Founds Metal Workshop
Tokuji Hayakawa Founds Metal Workshop
By Tokumeigakarinoaoshima - Own work, CC0, https://commons.wikimedia.org/w/index.php?curid=186297647
1915 CE

Invention of the Tokubijo Snap Buckle

Hayakawa invents the Tokubijo snap buckle, a belt buckle that does not loosen. This design wins a patent and becomes a commercial success, providing capital for further innovation. #innovation #patent

1916 CE

Development of the Ever-Ready Sharp Pencil

Hayakawa creates the Ever-Ready Sharp mechanical pencil, which does not need sharpening. The name 'Sharp' becomes synonymous with the company and inspires the eventual corporate name. #invention #design

1924 CE

Company Renamed to Hayakawa Metal Works

As the business expands, the workshop is renamed Hayakawa Metal Works. The company begins manufacturing radio parts and sets the stage for entry into electronics. #business #history

1925 CE

First Crystal Radio Set Production

Hayakawa Metal Works starts producing crystal radio sets, one of the first in Japan. This marks the company's shift from metalworking to consumer electronics. #radio #electronics

Jan 1, 1935 CE

Incorporation as Hayakawa Electric Industry Co., Ltd.

The company is formally incorporated as Hayakawa Electric Industry Co., Ltd., with a capital of 300,000 yen. This incorporation solidifies its corporate structure for future growth. #corporate #history

1936 CE

First Japanese Radio Broadcast

Sharp begins producing radios for the domestic market. The company's radios gain a reputation for quality, helping to establish Sharp as a leading electronics brand in Japan. #radio #broadcasting

1953 CE

Start of Television Production

Sharp begins manufacturing black-and-white television sets, entering the rapidly growing TV market. This move positions Sharp as a major player in home entertainment. #television #electronics

1960 CE

Development of Japan's First Color TV

Sharp develops Japan's first color television set, the CT-1000. This innovation showcases Sharp's technological leadership and accelerates the adoption of color TV in Japan. #colorTV #innovation

1962 CE

First Microwave Oven Production

Sharp introduces its first microwave oven, the R-10. This appliance becomes a kitchen staple and diversifies Sharp's product lineup beyond audio-visual equipment. #microwave #appliances

1964 CE

Launch of the Compet All-Transistor Calculator

Sharp (Hayakawa Electric) releases the Compet CS-10A, the world's first all-transistor desktop calculator. This breakthrough product establishes Sharp's dominance in the calculator market. #calculator #technology

1969 CE

First LSI Calculator

Sharp develops the first calculator using Large-Scale Integration (LSI) technology, the QT-8D. This reduces size and cost, making calculators more accessible. #electronics #innovation

1970 CE

World's First LCD Calculator

Sharp introduces the EL-805, the first calculator to use a liquid crystal display (LCD). This breakthrough paves the way for LCDs in countless devices. #LCD #display

1973 CE

First LCD Pocket Calculator

Sharp releases the EL-805 Pocket Calculator, the first compact LCD calculator. Its slim design and low power consumption revolutionize personal computing. #pocket #calculator

1976 CE

Prototype of First LCD TV

Sharp demonstrates a prototype for an LCD television, a world first. This early work leads to the eventual commercialization of LCD TVs. #LCDTV #prototype

1981 CE

First Japanese Word Processor

Sharp releases the JW-10, Japan's first word processor. It features a Japanese input system, boosting office productivity in Japan. #wordprocessor #computing

1987 CE

Development of First 14-Inch TFT LCD Display

Sharp develops the world's first 14-inch TFT (thin-film transistor) LCD display. This milestone enables larger, higher-resolution LCD panels for monitors and TVs. #TFT #display

1988 CE

First Consumer LCD TV (3-Inch)

Sharp launches the first consumer LCD TV, the 3-inch C3-100. Though small, it demonstrates the potential for flat-panel televisions. #LCDTV #consumer

1992 CE

First LCD Camcorder

Sharp introduces the VL-HL1, the world's first camcorder with an LCD viewfinder. This innovation improves usability and sets a new standard for camcorders. #camcorder #LCD

1994 CE

First LCD Projector

Sharp launches the first LCD projector, the XV-P1, enabling portable and high-quality video projection for presentations and home theater. #projector #LCD

1996 CE

Development of First 28-Inch LCD TV

Sharp produces the world's first 28-inch LCD television, pushing the boundaries of large-screen flat-panel displays. #LCDTV #large

1997 CE

Start of Solar Cell Production

Sharp begins mass production of solar cells, leveraging its semiconductor expertise to enter the renewable energy market. #solar #energy

2000 CE

Introduction of 1-Bit Audio Amplifier

Sharp introduces the 1-bit digital audio amplifier technology, delivering high-fidelity sound in a compact design. This technology is used in home audio systems. #audio #technology

Feb 1, 2001 CE

Launch of Aquos LCD TV Brand

Sharp launches the Aquos brand of LCD TVs, featuring superior picture quality and design. Aquos becomes synonymous with Sharp's display leadership. #Aquos #LCDTV

2004 CE

First Large-Screen LCD TV (45-Inch)

Sharp releases a 45-inch LCD TV, the LC-45GD1, breaking size records and competing with plasma displays. #LCDTV #large

2005 CE

First Blu-ray Recorder

Sharp introduces the first Blu-ray disc recorder, BD-HD100, enabling high-definition recording. This positions Sharp in the next-generation optical disc market. #Bluray #recorder

2007 CE

Prototype of First 8K LCD TV

Sharp demonstrates the world's first 8K (7680x4320) LCD TV prototype, showcasing ultra-high definition technology. #8K #LCD

Nov 1, 2010 CE

Acquisition of Recurrent Energy

Sharp acquires Recurrent Energy, a US-based solar developer, expanding its renewable energy footprint in North America. #acquisition #solar

2011 CE

100 Million LCD TVs Sold Milestone

Sharp announces cumulative sales of 100 million LCD TVs, underscoring its position as a top global TV maker. #milestone #LCDTV

2012 CE

Entry into Smartphone Market

Sharp launches its first smartphone, the Sharp SH-09D, for the Japanese market. The move aims to diversify beyond TVs but faces strong competition. #smartphone #mobile

2013 CE

Financial Difficulties and Bank Bailout

Sharp reports a net loss of ¥376 billion ($3.9 billion) and secures a bailout from banks. The company undergoes restructuring, including job cuts. #financial #crisis

Mar 31, 2015 CE

Record Net Loss of ¥222 Billion

Sharp announces a record net loss of ¥222 billion ($1.9 billion) for fiscal 2014. The struggling LCD business and strong yen contribute to the loss. #loss #restructuring

Aug 13, 2016 CE

Acquisition by Foxconn (Hon Hai Precision Industry)

Sharp is acquired by Foxconn for $3.8 billion. The deal marks the first major foreign takeover of a Japanese electronics firm. Foxconn installs new management to turn around Sharp. #acquisition #Foxconn

Mar 1, 2017 CE

Restructuring Under Foxconn

Sharp announces a restructuring plan, including closing factories and cutting jobs. The company refocuses on profitable segments like IoT and automotive displays. #restructuring #business

Apr 26, 2018 CE

Return to Profitability

Sharp posts its first annual net profit in three years, totaling ¥70.2 billion ($640 million). The turnaround strategy under Foxconn shows results. #profit #turnaround

Aug 21, 2019 CE

Launch of Consumer 8K TVs

Sharp launches the world's first consumer 8K TV in Japan, the LV-70X500E. This reinforces Sharp's leadership in ultra-high-resolution displays. #8K #TV

2020 CE

Focus on IoT and AI Technologies

Sharp announces a strategic shift toward Internet of Things (IoT) and artificial intelligence (AI) solutions, aiming to diversify beyond hardware. #IoT #AI

Jan 7, 2021 CE

Development of Automotive LCD Display

Sharp unveils a new automotive-grade LCD display for vehicle dashboards, targeting the growing smart car market. #automotive #display

Mar 30, 2022 CE

Announcement of New OLED Panels

Sharp announces plans to produce OLED panels for smartphones and TVs, entering the competitive OLED market alongside LCD. #OLED #display

May 12, 2023 CE

LCD Business Struggles Continue

Sharp reports declining LCD panel sales due to Chinese competition and market saturation. The company considers further restructuring of its display division. #LCD #struggles

Feb 28, 2024 CE

Sharp Acquires NEC's Patent Portfolio

Sharp acquires a patent portfolio from NEC, strengthening its IP in telecommunications and IoT. #acquisition #patents