The following appears on asia.nikkei.com
By GEN NAKAMURA, DAISHI CHIBA and KAORU OSAWA, Nikkei staff writers – OSAKA — Sharp‘s decision to withdraw from white goods production in Japan reflects CEO Tai Jeng-wu’s ambition to transform the company into a technology specialty house like Apple.
The announcement to move refrigerator production abroad comes on the back of a rapid earnings recovery at the Osaka-based electronics maker. Instead of resting on the success, however, Taiwanese parent Hon Hai Precision Industry, or Foxconn, seeks to further bolster earnings by pursuing a clear division of labor within the group.
Under the plan, Sharp will focus on technology development, service planning and mass production of value-added devices.