Sharp's Mega-Wager on LCD TVs
Japan's Sharp (SHCAY) is a master of one-upmanship. And why wouldn't it be? To survive and stay profitable in the flat-panel TV business, manufacturers have to pour billions into new technologies and factories that pump out ever-bigger TVs more efficiently. On July 31, President and Chief Operating Officer Mikio Katayama showed why Sharp remains a moneymaker despite its relatively small size: a $3.2 billion investment to build the world's most advanced plant for liquid-crystal displays (LCDs).
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.