Sharp eyes profit from small displays, books charge on TVs
For the year ending March 2012, Sharp expects operating profit to rise 23 percent to 97 billion yen ($1.2 billion), substantially above the consensus of 56.8 billion yen, based on the average of 30 forecasts by analysts polled by Thomson Reuters I/B/E/S.
As part of a strategy aimed at tapping the burgeoning tablet market, Sharp said it will switch most production at its Kameyama liquid-crystal display (LCD) panel plant in western Japan to smaller panels used in popular devices such as Apple's iPad.
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