A logo of Sharp Corp is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai/File Photo
BEIJING: A joint venture between Hon Hai Precision Industry Co, known as Foxconn, and Sharp Corp plans to build a 61bil yuan (RM39.40bil or US$8.8bil) factory in China to produce liquid-crystal displays (LCDs).
Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specialising in large-screen LCDs and will be operational by 2019, the company said at a signing event with local officials in Guangzhou on Friday. It said the plant will have capacity equating to 92bil yuan (RM59.42bil) a year.
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