Sharp is finally giving up its struggle and calling it quits

Sharp has been struggling in the Americas for some time now, but rather than pushing through its financial losses and hoping that things turn around, the Japanese company has decided to abandon North and South America entirety so that it can focus on products that are still successful in these markets, such as office electronics and solar cells. The company will be selling its TV-related assets in the Americas to Hisense, a Chinese company that has been looking to expand its presence in some of these markets.