24
Sharp Corp, Japan’s leading maker of liquid crystal displays, will rely on expanding supplies of small panels to Samsung Electronics Co while still shipping screens to rival Apple Inc, in a bid to raise factory output levels and remain viable, three sources said.
In a midterm business plan it aims to release on Tuesday when it announces its latest earnings results, Sharp will set a goal of raising annual operating profit to $1.5 billion by March 2016 on revenue of $30 billion, the sources familiar with the plan told Reuters on condition they remained anonymous.
Reuters
