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Sharp to open major LCD plant in Japan to counter SKorean makers: report TOKYO (AFP) Dec 19, 2004 Japan's Sharp plans to spend up to 1.9 billion dollars to build a new plant in central Japan to produce liquid crystal display (LCD) panels to compete with South Korean manufacturers, a report said Sunday. Sharp, which ranks third in the global LCD market after two major South Korean makers, LG Philips LCD and Samsung Electronics, plans to improve its cost competitiveness with the new plant, the Nihon Keizai Shimbun said. Investment will likely be 150-200 billion yen (1.4-1.9 billion dollars), the economic daily said, without naming sources. The factory will be built next to an existing LCD panel plant in Kameyama, 300 kilometers (185 miles) west of Tokyo, to go operational in late 2006, it said. The LCDs to be produced would be equal to those of the seventh-generation models planned by the South Korean makers or even the higher eighth-generation ones, it said. No immediate comment was available from Sharp. All rights reserved. copyright 2018 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.
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