• Kyodo

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Struggling electronics maker Sharp Corp. has received orders from LG Electronics Inc. for liquid crystal display panels for TVs, sources said Tuesday.

Although the South Korean firm produces its own LCD panels, it hopes to procure lower-cost 32-inch TV panels on the back of the yen’s recent depreciation. Meanwhile, Sharp is looking to boost output at its Kameyama No. 2 plant in Mie Prefecture to improve profitability.