By Christian Zibreg on Feb 8, 2017
Japanese giant Sharp is “taking the lead” on a rumored $7 billion display manufacturing plant in the United States which its parent company Foxconn recently highlighted in response to U.S. President Donald Trump’s “Make in America” call. Citing a person with knowledge of the plan, Reuters is reporting that the forthcoming facility may break ground sometime in the first half of 2017. Read More
By Christian Zibreg on Jan 20, 2017
Samsung Electronics has filed a request for international arbitration against Sharp and two other LCD panel makers over supply panel halt, The Korea Herald reported Friday.
Owned by iPhone manufacturer Foxconn, Sharp said recently it would stop supplying LCDs to Samsung.
The Galaxy maker is now seeking $492 million in compensation from Sharp and other vendors, said industry sources. Samsung reportedly filed its request with the International Chamber of Commerce (ICC). Read More
By Christian Zibreg on Jan 13, 2017
Apple’s key suppliers—iPhone assembler Foxconn and its Japanese subsidiary Sharp—say that rumored plans calling for establishing an LCD manufacturing plant in the United States are “still on the table”. Company officials made that comment in response to U.S. President-elect Donald Trump’s “Make in America” call, Japanese outlet Nikkei reported Friday.
An unnamed Sharp executive told Nikkei that such a decision must be made “carefully”. Read More
By Christian Zibreg on Jan 9, 2017
Apple’s contract manufacturer Foxconn is taking advantage of its acquisition of Sharp as the Japanese giant plans to set up an OLED production line in Zhengzhou, a city of six million people in an impoverished region of northern China, according to a report by Japan-based Nikkei that was cited Monday by trade publication DigiTimes. Read More
By Christian Zibreg on Dec 29, 2016
According to Japanese outlet Nikkei, cited by DigiTimes, Sharp is hoping to secure some camera lens orders from Apple for future iPhones. To boost its chances of cutting a lucrative deal with Apple, Sharp is now speculated to increase its investment in Japan-based lens module maker Kantatsu, in which it currently holds a 44 percent stake.
Sharp would need to compete with Taiwan-based Largan Precision, which currently supplies iPhone camera lens modules in volume. Sharp is owned by Foxconn, the world’s top contract manufacturer that assembles iPhones. Read More
By Christian Zibreg on Nov 11, 2016
Foxconn Technology Group, the world’s top contract manufacturer and the biggest assembler of Apple products, reported rising revenues for the September quarter and a decline in net profit. Revenue for the July-September quarter climbed from NT$1.066 trillion ($33.43 billion) a year earlier to NT$1.075 trillion ($33.7 billion) thanks to brisk sales of the iPhone 7 and iPhone 7 Plus.
However, losses produced by Foxconn-owned electronics maker Sharp caused net profit to fall to NY$34.6 billion ($1.09 billion) from NY$37.9 billion ($1.19 billion) a year earlier. Read More
By Christian Zibreg on Oct 29, 2016
Sharp President Tai Jeng-wu—who is also a high-profile executive at Foxconn, Sharp’s parent company and Apple’s favorite contract manufacturer—said publicly that Apple’s next iPhone will use a curved screen based on organic light-emitting diode (OLED) technology akin to that on Samsung’s Galaxy S7 smartphone, Nikkei reported Saturday.
As you know, Apple currently uses OLED screens on the Apple Watch and the new MacBook Pro’s Touch Bar. All iPhone, iPad and iPod touch devices to date have used traditional LCD screens. Read More
By Christian Zibreg on Jun 24, 2016
In addition to LG Display and Samsung’s mobile display arm, both of which are now pouring significant resources into ramping up OLED panel production ahead of Apple’s switch from LCDs to OLEDs for iPhones, Japanese outlet Nikkei is reporting today that Sharp is expected to do the same before 2018.
Apple is widely expected to make a switch to OLED screens in time for a tenth anniversary iPhone, due in 2017. Read More
By Christian Zibreg on Mar 30, 2016
It’s finally official: the world’s leading contract fabricator, Foxconn, which assembles iPhones and other products for Apple and other consumer electronics companies, has purchased the struggling Japanese giant Sharp, one of Apple’s display panel suppliers, in a deal valued at a reported $3.5 billion.
As reported today by The Wall Street Journal, Foxconn believes this transaction will improve its position on the technology value chain and has plans to expand Sharp’s production capacity and invest in the production of OLED screens that future iPhones are expected to adopt. Read More
By Christian Zibreg on Feb 26, 2016
As previously reported, Apple’s favorite contract manufacturer Foxconn has made a $6.2 billion bid to acquire the ailing Japanese consumer electronics maker Sharp, which has been in the business for a cool 103 years now. Although Sharp’s board has made the decision to accept the offer last Thursday, it seems the acquisition is not a done deal after all.
As reported Friday by The Wall Street Journal, Foxconn is reportedly delaying the signing of the takeover agreement after it had been “surprised” by new information Sharp had disclosed just a day before. Read More