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Sharp promotes pricy TV as Foxconn tries to build US panel plant

Key iPhone assembler's Wisconsin facility is still pending approval from local senate

Sharp promotes its latest 8K TV product in Taipei. (Photo by Jason Tan)

TAIPEI/TOKYO -- Sharp on Thursday unveiled a new, pricy high-resolution TV in key markets at a time that its parent iPhone assembler Hon Hai Precision Industry is seeking to build a facility in the U.S. to churn out panels for this premium line of TV sets.

"Creating an 8K TV ecosystem will be our key strategy. We will roll out our 8K TV products in China, Taiwan, Japan and Europe starting from the end of this year," Yoshihiro Hashimoto, a Sharp executive, told reporters in Taipei.

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