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"We
have decided to review our current brand licensing business in
Europe and Americas, and are currently examining various
possibilities," Sharp said in a statement.
The comment follows a report by the Yomiuri newspaper that Sharp
will dispatch officials next month for negotiations to buy back
its TV business in the United States and Europe.
Sharp effectively exited the money-losing TV business in those
markets and licensed its brand to China's Hisense Group in the
Americas and to Universal Media Corp Slovakia in Europe.
The withdrawal from the money-losing TV business abroad helped
Sharp trim its losses in April-June.
But Sharp now believes that it can make profits out of the TV
business by taking advantage of Foxconn's procurement power in
the supply chain and its vast network of clients, the Yomiuri
said.
Foxconn, known formally as Hon Hai Precision Industry Co, is the
world's largest contract electronics manufacturer whose clients
include Apple Inc, Sony Corp and many other major international
companies.
(Reporting by Makiko Yamazaki; Editing by Stephen Coates)
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