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Foxconn's Sharp pivots to AI after decision to exit TV display production

TOKYO/TAIPEI -- Japanese electronics maker Sharp said on Tuesday that it will halt work at its unprofitable TV displays factory in Osaka and sell other device businesses as it shifts focus to consumer electronics and artificial intelligence applications.

The company is a subsidiary of Taiwan's Hon Hai Precision Industry, also known as Foxconn, the world's largest contract electronics maker.

Read more on asia.nikkei.com