In another hint that Hon Hai Precision Industry, also known in the Western world as Foxconn, could be gearing up for mass production of a rumored Apple television set, Reuters now reports that Foxconn is in talks with the Japanese multinational corporation Sharp about increasing its stake.
This is interesting development as Foxconn in March bought an eleven percent stake in Sharp worth $844 million. The two companies now run Sharp’s cutting-edge display plant in Sakai, Osaka, leading some to speculate that Foxconn made the move on behalf of its biggest customer, Apple of California, which has long been rumored to be readying production of a full-blown television set, which Foxconn publicly denied...