Markets MD-PS1, the world's first MD Data camera
Announces construction of TFT LCD No. 2 Plant in Taki, Mie Prefecture (plant starts operations in October 1998)
Establishes Shanghai Sharp Mold and Manufacturing Systems Co., Ltd. (SSMC), a joint manufacturing company in China
Develops HC (high contrast) Addressing LCD, an STN LCD capable of high contrast, high-speed response and video display
Announces construction of world's largest solar cell plant in Shinjo (Katsuragi), Nara Prefecture (plant starts operations in April 1998)
Markets MI-504/506/506DC, the world's smallest color PDA
SUKM achieves production of 5 million VCRs
Announces mass production of HR-TFT (Super Mobile) LCDs, reflective LCDs that are thinner, lighter and use less power compared to conventional transmissive LCDS
Establishes Environmental Protection Group
Develops 42-inch PALC display, a joint effort with Sony and Philips Electronics N.V.
Announces establishment of Sharp Electronica Mexico S.A. de C.V. (SEMEX) as manufacturing base for color TVs and home appliances in Mexico (production begins in November 1998)
Announces establishment of Sharp Middle East Free Zone Establishment (SMEF) as sales base in the UAE