BusinessJapan's Sharp plans $4 billion funding

Japan’s Sharp plans $4 billion funding

HYDERABAD: Japanese electronics big Sharp is planning a $3-4 billion funding in establishing a Gen 10 show fab for TVs in India.
“We’re scouting for companions – native investor and state govt as companions in addition to govt of India as a associate. The mission might be beneath the India Semiconductor Mission scheme,” mentioned Sharp’s newly appointed India chairman Sujai Karampuri.He mentioned a mission of such scale would require an space of round 1,000 acres and that the corporate was taking a look at a number of states, together with Telangana, for the mission.
“At the moment, there isn’t any show fab in India and shows are presently imported into the nation,” mentioned Karampuri.

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