Japan's Sharp may start building $7B plant in US

Sharp Corp, the Japanese display maker, may break ground on a $7-billion plant in the U.S. as Japanese Prime Minister Shinzo Abe readies for his first meeting with President Trump, Reuters reported.

A Sharp spokesman told the news agency that no final decision has been made on the plant, but the report said Sharp is taking the lead on a project initially outlined by its parent company Foxconn.

The report said that the chief executive of Foxconn floated the idea about the $7-billion display-making plant. He did not elaborate where or when the project would occur.

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