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Apple, Foxconn are reportedly considering major investments in Sharp's LCD business

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Foxconn, the manufacturer that builds most of Apple's devices, from the iPhone 6s (http://www.imore.com/iphone-6s) to the MacBook (http://www.imore.com/macbook), is reportedly considering making a major investment Sharp's display business. While Foxconn would take a majority stake in the business, Apple would also apparently make its own investment in the company. Foxconn would also look to acquire Sharp's stake in SDP, a company specializing in large displays.</p> <!--break--> <p>From ZDNet (http://www.zdnet.com/article/foxconn-apple-considering-investment-in-sharp-lcd-display-business/):</p>

<p>In addition, Foxconn hopes to secure the Japanese electronic giant's 38 percent stake in Sakai Display Products. Founded in 2009, SDP is a joint venture run by Sharp and SIO International Holdings Limited, an investment firm fully owned by Foxconn chairman Terry Gou. The company develops LCD panels suitable for large screens.</p>

<p>Sharp's LCD business has been struggling lately, and investments from both Foxconn and Apple could allow Sharp to keep its 4,000-member staff. An investment from Apple in particular would be a smart move, as the company has already spent nearly $1 billion to shift Sharp's business to mobile displays, away from panels for HDTVs.</p> <p>Source: ZDNet (http://www.zdnet.com/article/foxconn-apple-considering-investment-in-sharp-lcd-display-business/)</p> </div></div></div><br clear='all'/>

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Source: Apple, Foxconn are reportedly considering major investments in Sharp's LCD business (http://feedproxy.google.com/~r/TheIphoneBlog/~3/1R8FhWQnmjU/story01.htm)