Home > News > Company News > Apple May Invest $1 Billion in Sharp LCD Plant

Apple May Invest $1 Billion in Sharp LCD Plant

Post Time:Aug 18,2011Classify:Company NewsView:521

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 use

 

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 

Source: http://thenextweb.comAuthor: shangyi

Hot News

返回顶部