Vertical Divider
Sharp Selling Stake in Gen 10 Osaka Fab
Sharp announced it will sell its shares in Sakai Display Products, the owner of a Gen 10 LCD fab in Osaka, Japan. Sharp owns 1.03m shares (23.4%) of SDP, all of which will be sold as of March 15. The assets include the main plant, which has a capacity of 78,000 sheets/month using a 3130mm x 2880mm substrate, two color filter plants and considerable logistical infrastructure, and are co-located with a number of major LCD material suppliers, including Corning’s Osaka Glass fabrication facility. Sharp did not identify the buyer but Terry Gou, the founder of Foxconn already owns a stake in Sakai , and Foxconn has a controlling stake in Sharp.
Sharp announced it will sell its shares in Sakai Display Products, the owner of a Gen 10 LCD fab in Osaka, Japan. Sharp owns 1.03m shares (23.4%) of SDP, all of which will be sold as of March 15. The assets include the main plant, which has a capacity of 78,000 sheets/month using a 3130mm x 2880mm substrate, two color filter plants and considerable logistical infrastructure, and are co-located with a number of major LCD material suppliers, including Corning’s Osaka Glass fabrication facility. Sharp did not identify the buyer but Terry Gou, the founder of Foxconn already owns a stake in Sakai , and Foxconn has a controlling stake in Sharp.
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