Sharp Corporation has announced a target of ¥300 billion in new business sales by fiscal year 2030. This ambitious goal will be driven by expansion into emerging markets and technologies. A key component of this strategy focuses on growing its satellite communications equipment division. Specifically, Sharp intends to develop and market compact satellite antennas. The company sees significant potential in this sector due to increasing demand for connectivity. This expansion represents a diversification effort, moving beyond its traditional electronics focus, and a bet on future communication infrastructure needs. Sharp hopes this strategic shift will contribute significantly to overall revenue growth in the coming years.

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