Sharp CEO says in talks with several firms about LCD business


Ongoing talks: Sharp is currently in negotiations with multiple companies about its LCD business, said its CEO.

TOKYO: Sharp Corp said it was in talks with several companies about its LCD business, as the embattled Japanese firm comes under pressure from its banks to find a partner for the loss-making division. 

Despite a US$1.7bil (RM7.30bil) rescue in May, its second major package in three years, persistent losses have meant Sharp is struggling to make the investments it needs to keep its screen business competitive. 

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