Sharp transforms into an "asset-light" company and plans to exit the components business

Sharp Corporation, with investment from Hon Hai, is undergoing a continuous transformation. On December 27, Sharp announced that it would transfer the shares and fixed assets of its camera module business company to Hon Hai's subsidiary Fullertain. In response, Hon Hai Chairman Liu Yangwei said that Sharp's goal is to transform into an "asset-light" company and will gradually withdraw from camera modules, panels, semiconductors and other component businesses while retaining and strengthening its brand business. It is expected that this process will be basically completed by the end of March 2025, that is, before the end of Sharp's 2024 fiscal year.