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Stock impact report

15 million Toshiba laptop adapters recalled over burn and fire risks [CNN]

SHARP CORP UNSP/ADR (SHCAY) 
NASDAQ:AMEX Investor Relations: sharp-world.com/corporate/ir
Company Research Source: CNN
The company said it received 679 reports of the recalled AC adapters overheating or catching on fire, melting and burning, including 43 reports of minor burn injuries. Consumers should stop using the adapters immediately and contact them for a free replacement, Dynabook Americas said. The recall applies to AC adapters sold both alongside Toshiba personal laptop computers and sold separately, with date codes ranging between April 2008 through December 2012. The adapters were manufactured in China. More than 60 models are part of the recall. The company published a webpage listing the impacted model numbers and serial numbers for the adapters. About 1.3 million of the affected adapters were also sold in Canada. Toshiba was once a leading player in the laptop market but now makes up about 1%, according to market research firm Gartner. Nowadays, Lenovo dominates the category with 25%, followed by HP (22%), Dell (17%) and Apple (9%). “Because the adapters are for very old mode Show less Read more
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