Just months after Hisense purchased the US business off Sharp Corporation, Foxconn Electronics appears poised to buy Sharp’s LCD business and is also looking to seek funding from Apple to make the move. According to a report from Japan-based Nikkei, Sharp may seriously be considering offloading its unprofitable LCD business.
Sharp America has sold its TV assets to Chinese TV manufacturer Hisense, in a move which sets the stage for the major realignment of the global television industry. On Friday, July 31 Hisense confirmed the purchase of “all equity and assets of Sharp’s TV factory in Mexico for US$23.7 million with rights to use the Sharp brand name and all its channel resources in both North and South American regions.”
It’s been a hectic week for Dyson. In addition to showcasing several flagship products set for release in Australia in the coming weeks, the privately-owned company has invested in an American solid state battery pioneer, unveiled its latest seasonal advance — and debut air purifier — the Pure Cool, and announced it is opening its first retail store.