Sharp will review agreements to boost global presence

Tokyo-Japanese electronics maker Sharp said on Tuesday that will review their licensing agreements of trademark TV abroad, in an effort to boost its global presence under the auspices of Taiwan''s Foxconn.
"We decided to revise our current business of licensing of trademarks in Europe and the Americas, and we are currently examining several possibilities," Sharp said in a statement.
The comments follow a report in the Yomiuri newspaper stating that Sharp will dispatch representatives next month to negotiate the repurchase of his flat in the United States and Europe.
The Sharp effectively left the loss-making business of TV in these markets and has licensed its brand to the Chinese Hisense Group in the Americas and the Slovakia Universal Media Corp, in Europe.
But the Sharp now believes it can profit from the TV business to obtain advantages with the purchasing power of the Foxconn in supply chain and its vast network of customers, said Yomiuri.
Foxconn, known formally as Hon Hai Precision Industry Co., is the largest outsourced electronics manufacturer in the world, whose customers include Apple Inc., Sony Corp. and other big international companies.