Sharp to Close LED Display Plant in Hiroshima

Sharp might be shutting down its LED display plant in Hiroshima Prefecture in Japan in 2017, as part of its restructuring efforts implemented by parent company Foxconn, sources familiar with the matter told Japan Times recently.

The electronics company might consolidate the production line at facilities in Mihara, Hiroshima Prefecture, with a factory in Fukuyama in the same prefecture, which mainly makes camera components for smartphones, said the source.

Sharp is also evaluating whether it should downsize its LCD television factory in Tochigi Prefecture, they said.

The company intends to secure 300 jobs at the Mihara plant, said sources.

Sharp is implementing steps to return to profitability in the fiscal year ending in March 2017 for the first time in three years.

However, slowdown in LED panel sales caused consolidated sales for the same year to drop an estimated JYP 4.7 trillion (US $45.25 million) compared to the previous year.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE