Foxconn Sharp will begin to revive the business of producing TV

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POSTER: computer news   ||   FOXCONN SHARP WILL BEGIN TO REVIVE THE BUSINESS OF PRODUCING TV	DATE:2016-12-27
Sharp new shareholders in the face of the Chinese giant Hon Hai Precision Industry (Foxconn) intend to expand the vector release of LCD panels in the direction of its own production of TVs, which at the time the relative independence Sharp was almost abandoned.  As explained by the resource DigiTimes, for sale in the territory of the European TV rights of the brand Sharp owned Czech company UMC, owned registered in Cyprus SUMC.  Now the Sharp "for Chinese money" is going to regain the rights to sell TVs under its own brand in Europe, going to buy 50% stake in SUMC about $ 89 million. In the US, sales of Sharp brand televisions involved a Chinese company Hisense, which has the appropriate rights from the beginning of the year.    In 2015, no more than 5-6 million Sharp brand televisions were sold worldwide.  By 2019, Foxconn plans to increase this number to 10 million Pieces.  For the needs of its own production Sharp will reserve a sufficient number of TV panels, so they can remain without customers in the face of Samsung, Hisense, and even LG Electronics.  Changes in relationships with these partners can enter into force as early as next quarter. Related Products :

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