trending Market Intelligence /marketintelligence/en/news-insights/trending/uwlftkezGY3ulMpHlyZuKw2 content esgSubNav
In This List

Sharp to spin off semiconductor ops into 2 units

Case Study

Case Study: Alternative Investment Funds Scorecard

Blog

Anticipate the Unknown by Marrying Award-Winning Data with Cutting-Edge Credit Models

Blog

Automating Credit Risk Management: A Bank’s View

Blog

Corporate Credit Risk: Macroeconomic Recovery Projections Post-COVID-19


Sharp to spin off semiconductor ops into 2 units

Japanese electronics maker Sharp Corp. is planning to spin off its semiconductor operations into two wholly owned subsidiaries, Jiji Press reported Dec. 27.

One unit would reportedly comprise the company's semiconductors and sensors business, while the other would be dedicated to its semiconductor lasers. Sharp said the move may happen in April 2019.

Through the spinoff, the company aims to streamline management and also partner with other companies to access outside resources in the semiconductor industry, according to the report. Such tie-ups could include Sharp's parent Hon Hai Precision Industry Co. Ltd., the Taiwanese contract electronics manufacturer that is also known as Foxconn.

Sharp has previously focused on operations related to liquid crystal displays.