Business / Tech Dec 14, 2016

Hon Hai, Sharp to halt LCD TV panel supply to Samsung in 2017

Taiwan's Hon Hai Precision Industry Co. and its Japanese subsidiary Sharp Corp. will stop supplying liquid crystal display panels for televisions to South Korea's Samsung Electronics Co. from next year, industry sources said Wednesday. Hon Hai and Sharp are planning to shift supply of the ...

Panasonic pulls plug on LCD TV panels in Japan

Business / Corporate May 31, 2016

Panasonic pulls plug on LCD TV panels in Japan

Panasonic Corp. has decided to withdraw from TV panel production amid fierce competition from foreign rivals, in particular in China and South Korea, company sources said Tuesday. The Osaka-based company will end production at its sole liquid crystal display plant in the city of Himeji, ...

Business / Corporate Jan 12, 2016

Sharp to seek additional financial assistance from creditor banks

Sharp Corp. is planning to ask its major creditor banks for ¥150 billion in additional assistance, in line with a rehabilitation plan under a government-backed corporation turnaround fund, sources said. Under the restructuring plan of the Innovation Network Corp. of Japan, the struggling electronics manufacturer ...