According to the latest report from Nikkei, Sharp is actively adjusting its business strategy to cope with the long-term deficit in its LCD panel business. Recently, Sharp announced a major decision, deciding that its factory in Sakai City will officially end the production of LCD screens for traditional TV products on the 21st of this month.
Therefore, Sharp has set its sights on a market segment with greater potential - the gaming console field.
According to people familiar with the matter, Sharp is actively in contact with Nintendo, trying to take over screen orders for "Nintendo Switch successor models" from the world-renowned game company, using this as an important opportunity to restart profit growth.
Sharp's Chief Financial Officer (CFO) Kosaka Akio revealed at a public press conference in early August that the company is accelerating the development of "new applications" in the field of small and medium-sized screens, and expects these new products to be officially launched in October 2024 Put into production. The market generally interprets that the "new applications" mentioned by Kosaka Kosaka point to the game console market, especially Nintendo's upcoming Switch successor.
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