Sharp Corp. is considering ceasing all overseas production of LCD televisions with the exception of operations in China as it tries to improve the picture for its flickering TV business, sources close to the matter said.
The ailing electronics maker has suffered multiple years of losses from its TV business amid intensifying competition from rivals in South Korea and elsewhere.
By reducing business costs abroad, the Osaka-based company would aim to bolster TV production at home, where the yen's sharp depreciation is helping boost exports, the sources said Thursday.