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Sharp to Halt Solar Panel Production at Memphis Plant

Sharp Corp., a Japanese electronics maker, will stop solar panel production at its factory in Tennessee as it reviews its photovoltaic panel business.

Output will stop by the end of March, and the number of jobs to be cut at the plant in Memphis will be decided after talks with the labor union, said Miyuki Nakayama, a spokeswoman for Sharp. The Nikkei newspaper reported that as many as 300 employees are expected to be dismissed at the factory.