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As LCD TV Biz Slides, Sharp Sells Its Largest Panel Factory to AI Companies

June 26, 2024 by Ted Leave a Comment

Sharp Sakai factory

Are Onkyo & Integra Connected to This Story?

In yet another sign of mega changes in the electronics industry, news comes to us out of Japan via the Nikkei that Sharp Corp. – a division of Apple supplier Foxconn – is in negotiation to sell off a majority of the property and factory associated with its largest LCD panel manufacturing facility in Japan. That news alone surprised many in Japan, as Sharp has been a world leader in developing LCD TVs, but also surprising is that it would choose to sell this facility, a flagship for them in Sakai, a coastal city in Osaka.

Also surprising, a bidding war has broken out as multiple big players seek to turn the factory into a data center for use in generative AI, a technology in which Japan feels it lags.

See more on Sharp selling most of its top LCD panel factory for AI

[Read more…] about As LCD TV Biz Slides, Sharp Sells Its Largest Panel Factory to AI Companies

Filed Under: Financial, Management, Manufacturers, Strategy, Technology Tagged With: AI, KDDI, Masayoshi Son, restructuring, Sharp Corp., SoftBank

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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