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Sharp Electronics (Europe) GmbH

Double the Business!

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Hamburg, Germany (ots)

- cross-reference: The detailled version of the press release is
      available under       
      http://www.presseportal.de/dokumente.html -
Sharp Electronics Europe CEO Hans Kleis wants to double the
turnover of the Japanese technology group in Europe by the end of
fiscal year 2007 by focusing on the three strategic divisions of LCD
TV, Document Solutions and Solar.
With a clearly defined objective of doubling business in Europe by
the end of fiscal year 2007 Hans Kleis, President of Sharp Europe,
announced at this year´s CeBIT the company's strategy.
Specifically, Kleis is basing the growth on the booming divisions
of LCD TV, Document Solutions and Photovoltaics. Apart from further
developing the existing key markets, Sharp will, to an increasing
extent, invest in the prospering markets in the East of Europe where
the demand for high-tech products is growing steadily. As examples,
besides Russia, Kleis mentioned the new EU member states, where
Sharp's sales structure will be strengthened as a first step. While
Sharp has been the global market leader in LCD TVs and photovoltaic
modules for years, the Japanese technology group has been one of
several big players in the Document Solutions market, without holding
the number one position. This is about to change. In a world premiere
before a large audience a completely new technology was presented
which will reduce toner consumption by one third compared to previous
models. With new devices, new consulting models for potential
customers, and new sales concepts, Sharp wants to "massively
increase" its current share in the European market, Kleis announced.
In the fourth quarter of 2004 Europe, for the first time,
succeeded in overtaking Japan to become the largest market for LCD
TVs in the world. In Germany alone, 60 million cathode ray tube (CRT)
TVs have the potential to be replaced by modern, flat panel TV sets.
Here consumer demands differ widely - from the early adopter, who
wants to have high-definition television (HDTV) compatible products
today to enjoy superb picture quality on a large screen flat TV, to
the consumer who is happy to have just a TV with a great picture, but
without a host of technical features. With the "Four-Panel Strategy"
presented at CeBIT Sharp is the only manufacturer worldwide to cover
the entire spectrum demanded by customers.
Your questions will be answered by Ole Müggenburg commissioned by
Sharp Electronics (Europe) GmbH  
Phone: +49 / 40 / 67 94 46-86, Fax: +49 / 40 / 67 94 46-11, 
E-Mail:  o.mueggenburg@faktor3.de 
FAKTOR 3 AG, Kattunbleiche 35, D-22041 Hamburg

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