Sharp to double chip investment in 2005

March 12, 2004 – Sharp plans to invest ¥27 billion ($199.3 million) in its fiscal year 2005, a twofold increase from 2004, according to newswire reports. The investment includes ¥7 ($51.7 million) billion for its 300mm/90nm flash memory production line at Fukuyama, as well as ¥9 billion ($66.4 million) toward boosting output of image sensors for camera phones.

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