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Sharp considering closing electronics parts plant www3.nhk.or.jp
Japanese electronics maker Sharp is considering shutting down a parts plant in western Japan. This is part of the firm's restructuring efforts as it rebuilds itself under Taiwan's Hon Hai Precision Industry, or Foxconn.
Officials say the Mihara plant in Hiroshima Prefecture could be closed next fiscal year. The factory makes LEDs and other parts for TVs and lighting equipment.
They're thinking about moving its operations to another plant in the same prefecture. The roughly 300 people working there would be transferred.
The firm is also planning a capital boost for its affiliate Sakai Display Products, which produces liquid crystal display panels.
Published Date:2016-12-02
