Sharp will supply LCD television panels to Philips in Europe and South America as early as next year, the Nikkei business daily reported on Thursday. Sharp will ship LCD panels to Philips' factories in Poland and Brazil from its Sakai plant in western Japan which began operations in October, the Nikkei said.

Sharp will consider manufacturing LCD TVs for Philips in Poland in the future, the business daily reported.

Sharp has been seeking stable customers for its panels to recoup its investment in the Sakai plant.