Sharp considering exiting European home appliance market: source

EXIT STRATEGY: Sharp Corp is in talks over licensing Taiwanese and Turkish firms to make and sell its home appliances in Europe, a source with knowledge of the discussions said, as is tries to cut costs to counter stagnant sales on the continent. — Reuters

TOKYO: Sharp Corp is in talks over licensing Taiwanese and Turkish firms to make and sell its home appliances in Europe, a source with knowledge of the discussions said, as is tries to cut costs to counter stagnant sales on the continent. 

The Japanese electronics maker is talking to Taiwanese firm TPV Technology Ltd over the rights to manufacture and sell its LCD TVs in Europe, the source said. The discussions have touched upon a sale of Sharp's TV factory in Poland.