Sharp Corporation is one of the oldest and technology driven corporations trying to make lives better and more comfortable for their consumers. With employing a workforce of over 50,000 globally, Sharp Corporation is one the most high-end major electronic enterprise in the world up to date. Sharp has a whole range of diversified product line from home appliances to all sorts of electronics suiting the market demand and the consumer’s needs and requirements. Sharp been in the line for getting hold of a major market share globally for decades now and its technological advancements over time has proved quite beneficial for the company. However, there also have been many setbacks for the company in the global market due to presence of gigantic corporations holding the majority of the global market share leading to a stunted growth of the company worldwide.
Declining Market Share:
Sharp has been facing a declining market share worldwide due to appearance of major competitors like Sony and Samsung especially holding the major market share and product sales in the television industry. Ever since the arrival of the slim and sleek designed liquid crystal display Television also known as LCD TVs, Sharp has been lagging behind other competitors to plan a comeback in the market as a major competitor due to lacking innovation and following the trend and producing LCD TVs behind its major competitors. Sharp has been working ever since over a promising Quattron Technology that could plan a comeback for Sharp in the leading enterprises.
Plan to make a breakthrough:
With the arrival of the all new light emitting diode televisions also known as LED TVs, Sharp has begun revolutionizing its market share by being the only electronic company to introduce the all new Quattron Technology in its Televisions for a whole new level of improved picture and sound quality and a high end picture resolution with improved video quality at an affordable price. Combined with the Quattron Technology, Sharp has also introduced many new versatile and vibrant designs to suite the need of its consumers.
So far, Only a considerable amount of global market has taken keen interest in the all new Quattron Technology maneuvered Sharp LED TVs especially the US market whereas it has failed to gain importance in many Asian and European countries.