Sharp plans to spend 100 billion yen (roughly $1.2 billion) to build production lines for small and midsized LCDs, the bulk of which Apple is expected to purchase for use in the iPhone, according to a new report. Citing the Nikkei business daily, Reuters reports that Sharp will begin installing the lines at a Mie Prefecture plant next year, with mass production expected to begin in the second half of 2012. Apple is expected to shoulder a large portion of the investment and buy most of the LCD panels produced; Toshiba is also said to be building a new LCD plant primarily to supply small panels to Apple, which hopes to expand procurement in order to help it gain market share in the smartphone market.
Sharp to build new LCD production lines for iPhone
Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.