Sharp's Thai Subsidiary Achieves Cumulative Production Milestone of 10 Million Refrigerators Osaka, Mar 11, 2013 - (JCN Newswire) - At the end of February 2013, Sharp Appliances (Thailand) Ltd. (SATL) - Sharp Corporation's subsidiary in Thailand for the production and sale of home appliances - reached the cumulative production total of 10 million refrigerator units. SATL started production of refrigerators for the Thai market in May 1988, with an annual capacity of 30,000 units. It has since grown into a major manufacturing base that exports to approximately 100 countries, with a focus on emerging markets in ASEAN. Other export destinations include China, Japan, and countries in the Middle East, Oceania, Europe, and the Americas. SATL's current annual capacity is 1.5 million units. Today, SATL has a broad product lineup with refrigerators ranging from small direct-cooling, single-door models to ultra-large fan-cooling, four-door models. In March 2013, to mark the 10-million-unit milestone, SATL will introduce a two-door, bottom-freezer model with Sharp's unique dual-swing door - the first such model developed for ASEAN markets. SATL is striving to improve the efficiency of its production system for the global market, especially for ASEAN countries where demand for home appliances is expected to increase. Also, the company is making further efforts to supply products that better suit the lifestyles of each destination country. Overview of SATL Name Sharp Appliances (Thailand) Ltd. (SATL) Location Bangpakong, Chachoengsao, Thailand President Takashi Suzuki Established January 1987 Capital 948,650,000 Thai baht (wholly-owned Sharp subsidiary) Employees Approximately 2,300 Main business Manufacture and sale of refrigerators, air conditioners, washing machines, microwave ovens, air purifiers, rice cookers, ion generators, etc. About Sharp Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp . Contact: Corporate Public Relations Division Sharp Corporation Phone: +81-6-6625-3006 (Osaka) Phone: +81-3-3260-1870 (Tokyo) Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net Provider ID: 00026405
Sharp's Thai Subsidiary Achieves Cumulative Production Milestone
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