SoftBank to Develop AI Data Center on Sharp LCD TV Panel Factory Site
Japanese SoftBank is reportedly pushing to acquire the site of Sharp's LCD TV panel production factory in Sakai City, Osaka Prefecture, to build a data center for artificial intelligence (AI) business.
An office worker is passing in front of the SoftBank headquarters located in Minato-ku, Tokyo, Japan. / Photo by Yonhap News
View original imageThe Nihon Keizai Shimbun (Nikkei) reported on the 7th that SoftBank is in exclusive negotiations with Sharp to acquire about 60% of the entire site.
SoftBank plans to operate a data center at this location starting next year and lease it to companies developing and operating generative AI. According to the report, SoftBank plans to invest a total of 170 billion yen (approximately 1.5 trillion KRW) by next year to build the foundation for its AI business and is working on upgrading data centers in several locations.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "Greater Impact on Women Than Men"... The 'Diet Trap' That Causes Sleepless Nights and Suffering
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Earlier, on the 3rd, Sharp announced plans to operate a data center utilizing the site of the LCD TV panel production factory in collaboration with KDDI, a Japanese mobile telecommunications service provider. Sharp plans to suspend operations at the Sakai City LCD panel factory, the only LCD TV panel production base in Japan, around September.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
