To Expand Production Capacity for Refrigerators and Washing Machines

Osaka, Mar 15, 2012 - (ACN Newswire) - Sharp Corporation announces that P.T. Sharp Electronics Indonesia (SEID) - Sharp's production and sales subsidiary based in Jakarta, Indonesia - is expanding production capacity for refrigerators and washing machines. The new production facility will be built in Karawang International Industrial City (KIIC) in Karawang, West Java Province.

Domestic consumption has been growing steadily in the Indonesian market in concert with economic development, and further market expansion is expected in the future. With the construction of this new plant, Sharp will expand production capacity for refrigerators and washing machines, and will work to grow its business in the Indonesian market and further enhance the Sharp brand image.

Overview of New Plant

Company name:      P.T. Sharp Electronics Indonesia (SEID)
Business:          Manufacture and sales of refrigerators and 
                   washing machines
Representative:    Fumihiro Irie, President
Planned site:      Karawang International Industrial City (KIIC), 
                   Karawang, West Java Province, Republic of Indonesia
Production volume: Refrigerators: 220,000 units/month; 
                   Washing machines: 140,000 units/month
Capitalization:    Approx. 1,200 billion rupiah (about 10.7 bil yen)
Ownership:         100% wholly owned by SEID
Start operations:  During 2013

About Sharp Corporation

Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp

Source: Sharp Corporation

Contact:

Corporate Public Relations Division
Sharp Corporation
Phone: +81-6-6625-3006 (Osaka)
Phone: +81-3-3260-1870 (Tokyo)

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