Sharp to supply tech for Foxconn iPhone display plant

Updated

Sharp will supply technical know-how to Foxconn for a new plant in China that will produce display panels for the iPhone and other consumer electronics, according to a new report. Citing the Nikkei business daily, Reuters reports that the technology sharing agreement only further serves to tie the company to Foxconn, which in March agreed to buy a nearly 47 percent stake in a Sharp LCD manufacturing plant in Sakai, Japan. That plant is said in the report to be Japan’s most advanced panel factory; at the same time, Foxconn also agreed to purchase an 11 percent stake in Sharp for roughly $844 million.

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Charles Starrett

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.