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Business

Hon Hai, Sharp mull massive Chinese LCD TV panel plant

Would take the fight to the South Koreans and Chinese via economies of scale

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Terry Gou, chairman of Hon Hai Precision Industry, better known as Foxconn, poses for a photo with Sharp's Aquos TV at a Sharp showroom in New Taipei City, Taiwan, on June 22.   © Reuters

OSAKA -- Hon Hai Precision Industry and Sharp are thinking about constructing one of the world's largest LCD factories in China, aiming to leverage the former's cash and the latter's technology to compete more effectively against global rivals.

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