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Sharp and Foxconn are readying LCD panel factories in China and the U.S. in addition to this facility in Sakai, near Osaka.

Sharp, Foxconn go all in on TV production in US

With panel plant in the works, entire process to take place in America

| Japan

OSAKA -- Sharp and Hon Hai Precision Industry will build a plant to assemble big-screen televisions in the U.S., expanding plans for local production that already include a liquid crystal display factory.

The Japanese electronics maker and its Taiwanese parent, better known as Foxconn, are narrowing down locations for the TV plant. While assembling TVs requires more workers than making LCD panels, Foxconn seeks to use its own labor-saving innovations to make local production cost competitive. The duo will aim for the high end of the North American market -- the world's second largest -- with products like ultrahigh-definition 8K models.

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