Sharp May Have Found Buyer for LCD Business
Oct 30, 2015, 7:53 AM by Eric M. Zeman
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. Sharp has struggled in recent years, despite receiving several financial rescue packages. The company said in April of this year that it planned to sell or divest its LCD business. This is the first sign from Sharp that is has been able to drum up interest in the unit. Sharp has developed several unique display technologies and devices over the years, including a 4K IGZO panel and the Sharp Aquos Touch, an Android smartphone with an edge-to-edge screen that was sold by Sprint.
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.
Apr 6, 2015
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.