Osaka ¨C Japan¡¯s Sharp aims to log sales of ?200 billion to ?300 billion from new businesses it is launching in collaboration with its parent company, Taiwan¡¯s Hon Hai Precision Industry Co., its president and CEO, Tetsuji Kawamura, has said.
In particular, Sharp sees artificial intelligence infrastructure as a pillar of its growth, Kawamura said in an interview Friday.
¡°AI servers are expected to account for more than 80%¡± of sales from the new businesses, he said.
Sharp also plans to expand its satellite communications equipment business, including compact antennas, according to Kawamura.
¡°Sharp is the only company (within the Hon Hai group) that has a brand recognized globally,¡± he said, adding that his company intends to combine its customer reach with Hon Hai¡¯s speed of execution to accelerate new business expansion.
On Sharp¡¯s planned entry into the electric vehicle business in fiscal 2027, Kawamura acknowledged sluggish market conditions but said his company intends to differentiate its vehicles as high-value-added products focused on interior design.
He said that Sharp is also in talks with possible partners capable of providing vehicle maintenance services.
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