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Business

Sharp to close LED factory in Japan

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Sharp's Fukuyama factory in Hiroshima Prefecture   © Kyodo

OSAKA -- Sharp is set to take an ax to its domestic production and research capacity by closing a factory for electronic parts as it streamlines operations under its new parent, Taiwan's Hon Hai Precision Industry, also known as Foxconn.

Sharp is preparing to close the Mihara factory in Hiroshima Prefecture, western Japan, as early as 2017, then push more work to its Fukuyama factory in the same prefecture. It also plans to downsize its liquid crystal display television factory in Tochigi Prefecture, north of Tokyo. 

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