Japanese tech major Sharp looks for Indian partners to open display fab
Sharp is actively scouting for an Indian partner to set up a display fab under the India Semiconductor Mission's (ISM) scheme for display fabrication facilities, people aware of the developments told ET.
Sharp is in talks with several Indian players and top executives from its display vertical have met with potential partners, one of the sources said. «They have received a positive response from some and are in advanced stages of discussion and should announce their partner by the end of the year,» the person said.
«Sharp has engaged in setting up display fabs for partners in other countries like China, Korea and Taiwan. In India, too, they are looking at a similar strategy wherein they are looking to partner with a strong Indian player who will take the lead on the project and they will provide their technical expertise,» the person said.
In India, Sharp's focus is expected to be on large displays.
News of Sharp investing $3-5 billion to set up a display fab in India emerged earlier this year.
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