Apple to invest $1 billion in Sharp LCD plant? | iLounge News

2014 iPad iPhone iPod Buyers' Guide from iLounge.com

News

Apple to invest $1 billion in Sharp LCD plant?

Author's pic

By Charles Starrett

Contributing Editor
Published: Wednesday, August 17, 2011
News Categories: Apple, iPad, iPhone

Apple has plans to invest in a Sharp Corp factory in order to secure a supply of LCD screens for iPhones and iPads, according to a new report. Citing sources familiar with the matter, Reuters reports that the move has spurred speculation that Apple may move to diversify its range of suppliers in light of its ongoing legal dispute with Samsung. “If the situation escalates into a state of war, this could mean a huge shift in orders,” said one of the sources. The report notes that Sharp has already secured a contract with Apple to supply “power-efficient” screens for the sixth-generation iPhone, due in 2012. According to the report, Japanese media have said Apple’s investment may be as large as $1.3 billion; Sharp officials could not be reached for comment.

« Foursquare adds inline photos

Photo of the Week: iPod touch in India »

Related Stories

Comments

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this section entry.

Email:

Recent News

Recent Reviews

Recent Articles

Shop for Accessories: Cases, speakers, chargers, etc.