Foxconn to shrink size of Sharp?
- Article published by Jiji Press of Japan
- Foxconn of Taiwan (aka Hon Hai Precision) is owner of Sharp, and apparently is considering closing the Sharp plant in Sakai, Japan
- Plant currently makes large LCD panels
- “drastic measures are necessary to get out of the red”
- Sharp division of Foxconn may post a loss of 10 billion yen for current fiscal year