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Asia300

Foxconn affiliate Kantatsu plans IPO in 2019

Key iPhone assembler looking to spin-offs to boost financials

Sharp President Tai Jeng-wu wants to see a Kantatsu IPO in 2019.

TAIPEI -- Apple lens supplier Kantatsu, a smaller rival to Taiwan's Largan Precision, is eyeing an initial public offering in 2019, according to its biggest stakeholder.

"We hope that Kantatsu can go for an IPO in 2019 in Japan," Sharp President Tai Jeng-wu told reporters in Taipei on Friday.

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