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Sharp eyes spinoff and listing of LCD unit

Proceeds would be used to invest in next-generation screen technology, chief says

A Sharp ad  in Tokyo. The Japan-based company may spin off its operations for smaller LCDs used in such devices as smartphones.   © Reuters

OSAKA -- Sharp plans to spin off its liquid crystal display unit within two years in a bid to raise funds for investment in the next generation of panel technology.

"Sharp holds many patents related to panels and has the technological prowess that can raise funds from outside," Chairman and President Tai Jeng-wu told Nikkei in an interview.

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