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Business

Sharp to head US LCD panel venture with Foxconn

Decision to build a factory there seen as a response to pressure from Trump

TOKYO -- Sharp will take the lead in the joint construction of a liquid crystal display panel plant in the U.S. with Taiwan's Foxconn Technology Group, an executive at the Japanese electronics maker said Wednesday.

Under the plan, either Sharp or its TV panel venture with Foxconn, also known as Hon Hai Precision Industry, will invest in a panel maker that will operate the plant, the executive said.

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