Apple May Invest in Sharp LCD Factory
As Apple's relationship with LCD-supplier Toshiba declines, the company looks to other Japanese companies.
Apple may invest $1.3 billion in a Japanese Sharp factory to secure a steady supply of LCD screens for its iPhones and iPad tablets.
This move, along with Apple’s recent investment in a new LCD factory with Toshiba, has led many to suspect that Apple is diversifying suppliers. Apple and it key LCD screen supplier, Samsung Electronics, have recently been battling in courts over patent disputes.
Other Japanese chip makers, such as Elpida Memory and Toshiba, are hopeful that orders would increase if Apple’s relationship with Samsung continues to crumble.
Read more at Reuters.