Apple partner Foxconn's $3.8B Sharp buyout approved by China

Apple logoSharp currently supplies LCD LTPS displays spanning Apple's hardware on both the iOS and Mac side. The buyout deal will place both screen manufacture and assembly of Apple's products under the aegis of one company. Apple assisted in financing Sharp's Kameyama LCD assembly plant to the tune of 100 billion yen in 2014, and it is unclear what effect that will have, if any, on the ownership of the combined entity.

The deal was initially said to be for $6.25 billion. However, Sharp's financial condition precluded that deal, with "undisclosed liabilities" holding up financing options at the time.

Foxconn head Terry Gou said in June that in conjunction with the Sharp buy, that the company would be able to crank out OLED screens in quantities in 2017. Foxconn is said to be spending 200 billion yen to help develop its own source of the technology enabled by the Sharp purchase.

OLED screens are currently used in the Apple Watch. A refresh of the MacBook Pro line is said to have an OLED touch-sensitive strip in place of conventional function keys. The 2017 iPhone revision is suspected to migrate to OLED displays, as well as have a all-glass casing fabricated by Foxconn, potentially putting both components of the device in Foxconn's hands.

Source: AppleInsider

Tags: Apple, Foxconn, Sharp

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)