Foxconn's Sharp pivots to AI after decision to exit TV display production

Japanese company also looking to sell camera, chip device units

20240514 Foxconn Chairman Liu Young

Making a surprise video appearance at Sharp's press conference, Foxconn Chairman Liu Young said the Sakai display factory will be transformed into an AI data center. (Photo courtesy of Foxconn)

RYOHTAROH SATOH and LAULY LI, Nikkei staff writers

TOKYO/TAIPEI -- Japanese electronics maker Sharp said on Tuesday that it will halt work at its unprofitable TV displays factory in Osaka and sell other device businesses as it shifts focus to consumer electronics and artificial intelligence applications.

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