Markets in Asia retreated further on Friday, with Japanese stocks coming under pressure from fresh strength in the yen against the dollar.
Sharp, one of Japan's oldest consumer brands, "needs a miracle" to recover from current struggles, Jefferies warned, following a dismal earnings report.
It's not just sliding LCD panel sales weighing on Sharp's earnings, other consumer electronics businesses are also declining, warns Atul Goyal of Jefferies.
Sharp's new pint-size RoBoHoN phone is a robot that walks.
Sharp announced plans to release a humanoid robot to replace smartphones. CNBC's Dominic Chu and Chris Gottschalk of Blumberg Capital discuss.
Kymeta is a Redmond, Washington-based start-up that wants to revolutionize mobile Wi-Fi access, and it has Bill Gates' backing.
Executives seek to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes.
Asia markets ended mixed on Thursday, with some partially retracing advances following Federal Reserve chair Yellen's dovish remarks earlier this week.
Foxconn-Sharp is unlikely to beat Samsung in the race to produce organic light-emitting diode (OLED) screens by 2018, says Atul Goyal from Jefferies.
CNBC's Akiko Fujita reports on the details of Foxconn's acquisition of Sharp, which was nearly $900 million less than the original offer.
Taiwan's Foxconn Wednesday agreed to acquire Sharp at a big discount to its original offer after a month of wrangling.
Most Asian markets advanced after remarks from Fed chair Yellen assuaged concerns about a near-term interest rate hike, but Japan's shares retreated.
Asia markets were mixed on Monday after most were shut for Good Friday, with a weaker yen helping to bolster Japan shares.
Asia will focus on economic data from Japan, China and South Korea, while Friday's U.S. non-farm payroll data from March will be closely watched.
Taiwan's Foxconn is set to sign a takeover deal for Japan's troubled Sharp with a smaller-than-planned bailout after repeated delays, two sources said.
Asia markets closed mostly higher Friday as a weaker yen provided support for Japan's shares amid persistent concerns over a potential April Fed hike.
Asia markets were mixed on Tuesday, with the Nikkei up 2 percent and Shanghai down 0.2 percent, after U.S. equities squeezed out gains overnight.
Asia markets were mixed Wednesday, following a weaker finish on Wall Street overnight as traders await the U.S. Federal Reserve decision due later.
Asian stocks were mixed, as traders digested Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea.
A late hitch to Foxconn's takeover of Japan's Sharp brought simmering distrust between the two close to boiling point, sources said.