Sharp Vietnam to sue Asanzo over fake evidence

21-Sep-2019 Intellasia | The Saigon Times | 6:02 AM Print This Post

Sharp Electronics Vietnam today, September 19, announced its intention to sue Asanzo Vietnam to protect its global trademark, accusing the local electronics company of using fake documents to prove its business cooperation with a Sharp subsidiary.

Asanzo Vietnam held a press briefing on September 17 to inform the public of its vindication from allegations of product origin fraud, announcing that it has resumed business operations following a three-month shutdown. The event was held in response to a Tuoi Tre report claiming that Asanzo did not manufacture any of the components of its products and was instead importing everything from China.

In a note signed by general director Masashi Kubo and posted on its website today, Asanzo representatives, responding to the press on its “Japanese technology” issue at the event, “publicly disclosed to the media the attached document, allegedly issued by Sharp Roxy Hong Kong (SRH) as of September 12, 2019, as evidence that Asanzo uses Japanese technology.”

SRH, however, dissolved its business alliance with Sharp Corporation on October 31, 2016. This would make it impossible for SRH to issue the alleged document on September 12, 2019, rendering Asanzo’s claims false.

Meanwhile, according to Asanzo’s documents, presented at the press meeting on Tuesday, Sharp Corporation ended its joint venture with Roxy Electric Company in 2016 and bought the entire stake of SRH to turn it into a subsidiary. As such, Asanzo explained, it had not cheated clients by stating that it used Japanese technology.

However, Sharp Vietnam rejected this statement, announcing that Sharp Corporation had ended its business alliance with Roxy Electric Company on September 25, 2016, and that SRH became Sharp’s wholly-owned subsidiary. October 31, 2016, marked the completion of the change of the company name SRH to Sharp Hong Kong Limited.

Based on the facts, Sharp Vietnam stressed that Asanzo’s claim that its business contract with SRH is still valid and covers various fields such as electronics spare part sales, software transfer, technology, manufacturing and related services is untrue.

Asanzo’s fake document seriously damages the Sharp brand, which Sharp Group has fostered over its 107 years of history, and is absolutely unacceptable, the firm noted in a press release. Sharp and Sharp Vietnam are currently exploring the possibility of pursuing legal action against Asanzo, it added.


Category: Business, Vietnam

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