Sharp to Discontinue Solar Cell Production in UK
December 17 2013 - 8:50PM
Dow Jones News
TOKYO--Sharp Corp. (6753.TO) will discontinue production of
solar battery cells at its plant in the U.K. by the end of February
and will lay off 250 of its workers there, the Nikkei reported
Wednesday.
The struggling Japanese electronics maker has fallen on hard
times as stiff price competition clouds the possibility of a
recovery in profitability for its solar battery operations.
The plant will keep intact its microwave oven production, after
the solar cell output is phased out, the report said.
Write to Tokyo Bureau at tokyo.djnews@wsj.com
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