The company hopes to attract more demand from customers in the tough market.

Sharp announced this week that it will be launching a new range of Internet-ready TVs that can interact with its smartphones in Japan on July 15th. The Aquos L Series will feature Aquos City, an online platform enabling viewers to access the Internet and view services like news, entertainment and weather forecasts. The TVs will also be able to connect to Sharp's Aquos smartphones, so users can send content like videos and photos from their mobile to their TV.

However, the Aquos TVs can't currently link to non-Sharp handsets like the iPhone, which is very popular in Japan. The company also hasn't decided whether to release these products in other countries.

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