Ailing Japanese TV maker Sharp says it will try to break into a host of new industries, from industrial cleaning robots to raising strawberries, to supplement its core LCD business.
Foxconn's Hon Hai Precision Industry Co. has set up a new research center devoted to display and touch technologies in Japan that could end up hiring staff away from Sharp.
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding into new fields such as robotics.
Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display maker securing a $110 million investment to supply LCD panels to rival Samsung Electronics.
Ultra HD and OLED televisions were all the rage at CES 2013, but gaping at these incredible TVs on a show floor will probably have to do for the foreseeable future.
Sharp's TV lineup will offer loads of big-screen options this year, but its IGZO displays for mobile devices may have a bigger impact.
China's Foxconn manufacturing sites are expanding based on cheap labor, while Japan's older, traditional Sharp plants hang on through cost-cutting measures.
Factories may not be able to ramp up fast enough to meet the demand for a refreshed iPhone.