Sharp eyes overseas TV plant closures

An employee of Sharp performs final electrical inspections on the AQUOS 4K television assembly line at the company’s Tochigi Plant in Yaita. Japan’s money-losing consumer electronics maker Sharp Corp could shut its remaining overseas TV factories but still expects its TV operations to turn profitable next year. Closing TV plants in China and Malaysia “could come up on the agenda as the company is considering various restructuring measures,” Kenichi Kodani, head of Sharp’s digital information appliance division, said yesterday. Sharp sold its TV factory in Poland last year and agreed earlier this year to sell its plant in Mexico to China’s Hisense Group. Sales or closure of its China and Malaysia plants would mean its major TV manufacturing sites are only in Japan. — AFP ...

November 20, 2015, Friday

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