Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.
Asian stocks outside of Shanghai erased losses to end higher on Wednesday, but the mood was cautious ahead of the Federal Reserve's policy decision.
Equity markets in Asia raked in gains on Wednesday, with the exception of Tokyo, bolstered by stimulus bets on the European Central Bank.
Asian stock markets traded higher late Tuesday, with sentiment supported by China's fourth quarter gross domestic product which beat expectations.
Chinese shares tumbled on Monday due to a sharp selloff in the financial and property sectors, while Wall Street's lead boosted the rest of Asia.
Sharp said its new 4K TV lineup will offer the highest resolution TV available in 2015.
Asian indices were mostly lower on Wednesday as sluggish economic data from China spooked markets that were already under strain from political uncertainty in Greece and a rout in oil prices.
Wednesday's trading session saw a mixed picture in Asia, with Tokyo shares stealing the limelight to finish at a 7-year high.
Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.
Asian shares traded mixed on Tuesday as fears of global economic weakness affected investor sentiment.
The implosion of Apple supplier GT Advanced Technologies offers a dramatic illustration of how the iPhone maker can put the screws to suppliers.
Asian equities were mostly lower on Friday after Wall Street suffered its worst day in nearly two months.
Asian equity markets ended mostly lower on Tuesday as investors awaited the start of a U.S. Federal Reserve meeting later in the day.
Asian equity markets were mostly higher on Tuesday with Shanghai and Japanese shares leading the gains despite the absence of a U.S. lead.
Asian equity markets were mostly lower on the final trading day of the week amid concerns of a worsening situation in Ukraine.
Apple suppliers are scrambling to get enough screens ready for the new iPhone 6 smartphone ahead of next month's expected launch.
Wall Street's upbeat performance overnight, helped by a subside in geopolitical tensions, elevated Asian bourses to fresh closing highs on Tuesday.
Asian bourses saw robust gains on Monday following a positive lead from Wall Street last week as geopolitical jitters eased.
Japan's Panasonic, best known for its television sets and home theater systems, wants to feed Singaporeans its radishes and lettuce.
Asian stocks were mostly lower on Friday after the crash of a passenger plane in Ukraine and an offensive in Gaza sparked geopolitical tensions.