Sanyo, Sharp tap outsiders for solar cells-Nikkei
TOKYO, June 4
TOKYO, June 4 (Reuters) - Japan's Sanyo Electric Co 6764.T is in talks with several suppliers, including a Taiwanese firm, to procure solar cells, as it aims to widen its product offerings in the growing market, the Nikkei business daily reported on Friday.
The Nikkei said Sharp Corp (6753.T) is also stepping up purchases from outsiders and plans to procure more cells mainly from overseas suppliers.
Japanese solar cell makers are increasingly tapping outside makers in order to curb investment for commodity-grade products and focus more on developing cutting-edge items, the paper said.
Sanyo, majority owned by Panasonic Corp (6752.T), will be selling solar cells it procures under its own brand, the paper added. (Reporting by Sachi Izumi, editing by Leslie Gevirtz)