Future Case

Crossmedia, Social, Mobile, Business Modeling, Marketing, Research and insights

Apple May Invest $1 Billion in Sharp LCD Plant – TNW Apple

leave a comment »

According to a sales note by MF Global FXA Securities released on Wednesday, Sharp may get an infusion of about a billion US dollars from Apple for its LCD manufacturing plant in Kameyama.

Apple routinely uses its massive cash reserves to shore up supplies of critical components from manufacturers in China, and is considering the investment in order to secure a stable supply of LCD panels for its iPads and iPhones. According to local media reports, Sharp is expecting an investment of 300 million yen ($1.3 billion) from the Cupertino company. That’s a lot of iPad screens.

Reports last week indicated that Apple was considering switching from LG to Samsung for the supply of iPad 2 screens owing to quality issues; perhaps Sharp has trumped Samsung in contention for Apple’s business. Or maybe Apple is looking at Sharp to supply the panels for the upcoming iPhone 5, or even the next iPad, whenever that arrives.

via Apple May Invest $1 Billion in Sharp LCD Plant – TNW Apple.


Written by Kees Winkel

August 18, 2011 at 11:00

Posted in 1

Tagged with , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s