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Sharp weighs selling LCD business

Aug. 28, 2015 7:16 AM ETSharp Corporation (SHCAY) StockSHCAF, SHCAYBy: Yoel Minkoff, SA News Editor
  • Sharp (OTCPK:SHCAY) says it's considering various options for its LCD business after a report surfaced suggesting it may sell a majority stake in the struggling unit to Japan Display.
  • The company was once a highly profitable manufacturer of premium TVs and a favored screen supplier to Apple, but has recently come under heavy pricing pressure from Asian rivals.

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