According to a report by the Nihon Keizai Shimbun on Monday, Sharp cut more than 3,000 foreign workers in Japan, and the Apple supplier is transferring the production of the iPhone sensor to a Chinese factory owned by the parent company Foxconn.
The report said that at the time of Sharp's massive layoffs, Japan is beginning to discuss whether to introduce more foreign workers in the event of a shortage of labor in the country. Such employment is often subject to the manufacturer's production cycle.
In October last year, as part of its turnaround, Sharp adjusted its full-year profit outlook.
The Osaka-based electronics manufacturer began cutting costs after its acquisition by Foxconn in 2016. Sharp is difficult to compete with Korean rivals in OLED screen technology.
Sharp has not commented on this.