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 Заголовок сообщения: Wildlife paradise: Changtang National
 Сообщение Добавлено: 21 сен 2018, 07:49 
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A home appliances market in Shenyang Nike Air Max 270 Womens , capital of Northeast China’s Liaoning Province File Photo: CFP
Two Chinese electronics manufacturers announced deals Wednesday to buy into major Japanese firms, showing their efforts to expand in overseas markets via mergers and acquisitions (M&A), experts noted.

Electronics manufacturer Hon Hai Precision Industry Co, commonly known as Foxconn Technology Group, said Wednesday it had agreed on a plan to buy a 66 percent stake in Japanese electronics giant Sharp Corp for 389 billion yen ($3.5 billion).

Foxconn said the company will pay 88 yen per share to purchase Sharp, a discount of 25 percent from its earlier offer in February. Sharp's board members had met on February 25 and agreed to sell the company for almost $6 billion Nike Air Max 270 Mens , or 118 yen per share, according to media reports.

"Sharp's high liabilities, some of which were newly detected by Foxconn, resulted in the lower price," said Guo Jian, a semiconductor industry analyst with CCID Consulting Co. The current "overcapacity in the electronics industry in Japan and China" was also a factor Nike Air Max 270 Off White Womens , Guo told the Global Times on Wednesday.

The two companies are committed to restoring profitability and strengthening operations to once again make Sharp a leader in the global electronics arena, according to a statement Foxconn sent to the Global Times on Wednesday.

Sharp has been struggling in recent years, with the company recording declines in sales and income. The company's net sales declined 7.1 percent year-on-year during the nine months ended December 31, 2015, said its latest financial results published in February. And Sharp recorded a loss of 29 million yen in its operating income in the same period.

Guo noted that Foxconn can help rebuild Sharp's brand, as well as expanding its market channels.

"This will also help Foxconn win more orders from Apple and other famous smartphone manufacturers that need high-quality mobile screens Nike Air Max 270 Premium Womens ," he noted.

Also on Wednesday, another Japanese electronics giant, Toshiba Corp, sold its white goods business to Chinese home appliance manufacturer Midea Group, according to a Midea filing with the Shenzhen Stock Exchange on Wednesday.

Midea said it is purchasing an 80.1 percent stake in Toshiba's home appliance business for 53.7 billion yen.

Under pressure

Japanese home appliance companies have been affected by the continuing depreciation of the yen, along with the downward pressure on the Japanese economy Nike Air Max 270 Just Do It Womens , Luo Qingqi, a home appliance expert and director of Pa Le Consulting Company, told the Global Times on Wednesday.

"While Japanese electronics firms are fighting for their lives, their Chinese counterparts are trying to expand, and mergers and acquisitions are the right choice," he noted.

Toshiba also reported shrinking sales and income in its recent financial report.

The company's net sales decreased by 301.6 billion yen and it recorded an operating loss of 229.5 billion yen Nike Air Max 270 Coral Stardust Womens , according to its financial results for the third quarter of the 2015 fiscal year published in February.

More mergers will happen in the household electrical appliance industry due to the meager profit margins in the industry, said Li Xiaogang, director of the Foreign Investment Research Center at the Shanghai Academy of Social Sciences.

"It is a win-win result for both sides," he told the Global Times on Wednesday.

Li noted that Chinese firms can gain brands and technology through deals with Japanese enterprises, while the Japanese companies can gain more capital to use in developing their core businesses.

However, the technological innovation factor should not be ignored after the deals are struck Nike Air Max 270 Barely Rose Womens , as the Japanese companies still have obvious advantages in terms of production technology and product quality, while Chinese products are more cost-effective, Li said.

STOCKHOLM, Sept. 21 (Xinhua) -- Swedish Secret Services (Sapo) are assessing the threat of a potential terror attack targeting Stockholm, after a rumor of an attack circulated on social media during the night, public television news broadcaster SVT reported Thursday.

Sapo would not comment on the actual threat but emphasized similar threats were not unusual.

"About every other day we get this kind of information Nike Air Max 270 Ocean Bliss Womens ," Nina Odermalm-Schei, a spokesperson for Sapo, told SVT.

"We receive about 6,000 threats a month regarding terrorism. When we get this kind of threat we find out more by gathering and assessing information to gauge the level of truth to it," she said, adding that the unusual component of this threat is that it spread in social media.

The current threat level in Sweden remains at three on a scale of one to five Nike Air Max 270 Triple Black Womens , where five is the most serious threat level.

"Listen to what the authorities say and be extra watchful. If you observe anything suspicious you should report it to the police," Justice Minister Morgan Johansson said.

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Zhoushan Int'l Sand Sculpture Festival held in E China's Zhejiang

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Wildlife paradise: Changtang National Nature Reserve in China's Tibet

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PARIS, March 1 (Xinhua) -- France sold more new cars in February compared to the same month last year, the French car sales federation (CCFA) said on Tuesday.

At the end of February, local car manufacturers sold 199 Nike Air Max 270 Hot Punch Womens ,948 units across France, up from 176,993 vehicles sold the same month in 2015.

Sales of French brands grew by 12.1 percent mainly due to growing sales of Renault. The second largest car maker in France. Wholesale Jerseys China Wholesale Cheap Hockey Jerseys Wholesale NFL Jerseys China Free Shipping Wholesale NCAA Baseball Jerseys Wholesale Cheap Basketball Jerseys China Wholesale Baseball Jerseys Free Shipping Wholesale Custom Soccer Jerseys Wholesale NHL Hockey Jerseys Wholesale New Nike NFL Jerseys Cheap Jerseys

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