Sharp to sell part of Osaka LCD factory site to SoftBank for $636m

SoftBank plans to build a data center for artificial intelligence needs

20241220 Sharp Sakai plant

Sharp has decided to sell to SoftBank part of a Sakai, Osaka prefecture site that housed an LCD panel factory. (Photo by Hiromasa Matsuura)

Nikkei staff writers

TOKYO -- Japanese electronics group Sharp decided to sell a portion of the land and facilities used for a mothballed LCD television panel factory in Sakai, Osaka prefecture, to SoftBank Corp. in a deal estimated at 100 billion yen ($636 million), Nikkei learned on Friday.

SoftBank plans to build a data center to handle artificial intelligence chores there. The total investment, including procurement of graphic processing units (GPUs), could reach several hundred billion yen.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.