Sharp Unable to Find Tablet-Panel Buyers, Executive Says

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Sharp Corp.’s sales of display panels for tablet computers are less than the company expected, according to a senior executive at the Japanese company trying to negotiate a tie-up with Foxconn Technology Group.

Finding customers for the IGZO panels is Sharp’s biggest focus, the executive told reporters today in Osaka, Japan, where the company is based. Sharp hasn’t found enough orders to boost the operating rate at the plant in Kameyama, central Japan, the executive said.