Sharp resumes TV production in Thailand after 10-year hiatus

BANGKOK, NNA - Japan's Sharp Corp. has resumed television production in Thailand after a 10-year hiatus in a bid to boost sales of home appliances in Southeast Asia and India.

Sharp said a light-emitting diode TV production line at its plant in Nakhon Pathom Province, west of Bangkok, caters to domestic demand for TV sets and also exports to Cambodia, Laos, Myanmar, Vietnam and India.

In a bid to gear up its TV business in the region, the Osaka-based company plans to double its annual production capacity at the Thai factory from 500,000 units to 1 million units next year, President Tai-Jeng-wu said.

Sharp has been restructuring its operations under Taiwan's Hon Hai Precision Industry Co., better known by its trade name Foxconn, following its takeover.

Sharp's Thai plant halted TV output about 10 years ago when it decided to integrate its regional TV production in Malaysia.

Sharp Thai Co., a local sales arm, anticipates sales of 6 billion baht ($184 million) in the business year to March next year, up 25 percent from a year earlier, with TV sales accounting for about half of the total.

Sharp also plans to launch an Aquos ultra high-definition TV in the Southeast Asian region next year. (NNA/Kyodo)