Sharp Plans to Sell Hisa居 Factory to Nitto Denko for ~20 Billion Yen

According to Nikkei on November 12, Sharp plans to sell its Hisa居 factory to Nitto Denko for approximately 20 billion yen. The facility produces color filters (a key component for LCD panels) and is expected to be converted into a semiconductor materials production site by Nitto Denko. The sale is part of Sharp's restructuring efforts to address persistent losses in its LCD panel business, with the company planning a formal announcement in the coming weeks.
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