彰 is built from the 章 and 彡 (hair / decoration) components.
It reads ショウ like 章, as do 障 — learn 章 once and the family's reading comes with it.
A common word using 彰 is 顕彰 (けんしょう), meaning “honouring (publicly); honoring”.
Kanji that look similar include 障.
