Sharp May Have Found Buyer for LCD Business

Posted by at 12:57 pm on October 31, 2015

Sharp-logoSharp 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.

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