Sharp Looking to Divest LCD Business
Sharp is hoping it will be able to spin off a portion of its LCD panel business. The company wants to unload the piece of its display unit that makes small- and mid-sized displays for devices such as smartphones and tablets. The company hasn't been able to compete with rivals LG Display and Japan Display in the market for small screens. The company hopes to sell off this business to a government-supported investment fund, though it hasn't made any final decisions. Sharp has been struggling for years and is undergoing a larger restructuring that it hopes to present to investors in May. The company sells one smartphone in the U.S., the Aquos Crystal, which has a unique borderless display.
Sharp has delivered an interesting handset in the Aquos Crystal, which features a 5-inch screen with practically no surrounding bezel. This futuristic-looking smartphone aims to trounce other mid-range contenders on Sprint's pre-paid Boost Mobile.
Sharp debuted its first phone for the U.S. market in years this week.
Aug 19, 2014
Sprint today announced the Sharp Aquos Crystal, a mid-range handset that it will sell later this year. The Sharp Aquos features a nearly bezel-less design, with narrow edges running along the top and sides of the phone.
Aug 18, 2014
SoftBank, which owns Sprint, today said it has chosen Sharp to supply it with low-cost smartphones. The handset deal with Sharp includes Sprint, which will also sell phones made by Sharp.
Oct 30, 2015
Sharp CEO Kozo Takahashi said the company is in talks with several others concerning a sale of its LCD business unit. "I cannot provide any names, but we are currently in negotiations with multiple companies," said Takahashi.