Sharp gains on report of TV tie-up talks with Lenovo

TOKYO Wed Jan 16, 2013 7:14pm EST

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TOKYO (Reuters) - Shares of Sharp Corp rose 4.1 percent on Thursday after the Nikkei business daily reported it is in the final stages of talks with Lenovo Group Ltd to tie up in televisions in China.

Sharp will sell a LCD TV factory in China to Lenovo and the two firms will work together on development and sales, the Nikkei said.

(Reporting by Sophie Knight; Editing by Edwina Gibbs)