Forumsee logo
Forumsee » Mobility » Apple » Read message
RSS: Subscribe to RSS

Apple Supplier Foxconn Agrees to $3.5 Billion Takeover of Sharp

iOS Blog Discussion - MacRumors Forums - forums.macrumors.com
Apple's primary manufacturer Foxconn has reached an agreement to purchase troubled Japanese electronics maker Sharp for a revised 389 billion Japanese yen, or roughly $3.5 billion, according to Wall Street Journal.

?

The two companies had originally settled on an estimated billion takeover last month, but Foxconn put the deal on hold after discovering that Sharp had hundreds of billion of yen in "previously undisclosed liabilities."

The deal, which is expected to be finalized on Saturday, should strengthen Foxconn's position as both an electronics maker and assembler. Sharp has been one of Apple's main LCD display suppliers for iPhones and iPads in recent years.

Foxconn has long been interested in producing displays, which are typically one of the most expensive components in iOS devices. The supplier entered into a partnership with Sharp in 2012, but the deal was ultimately unsuccessful.

Apple could soon be shifting away from LCD displays, however, as recent rumors claim it plans to release at least one iPhone as as 2017, with display panels sourced from some combination of Display, and/or


Read responses in forums.macrumors.com

Tags


Last videos:

YouTube picture in picture mode for any phone!
YouTube picture in picture mode for any phone!
After unlockin network iphone 7 just blinked
After unlockin network iphone 7 just blinked
samsung galaxy s3 dead solution
samsung galaxy s3 dead solution
How to flash Gretel G9 stock rom
How to flash Gretel G9 stock rom
Bypass Google all Samsung Devices Android 7.0 - 7.1.1 by bluetooth, very easy
Bypass Google all Samsung Devices Android 7.0 - 7.1.1 by bluetooth, very easy
Coolpad Dazen 1 Error : device can't open fastboot channel
Coolpad Dazen 1 Error : device can't open fastboot channel
VIDEO Bypass FRP Samsung S8, S8 Plus by ODIN
VIDEO Bypass FRP Samsung S8, S8 Plus by ODIN
How To Flash Qmobile Z8
How To Flash Qmobile Z8
Cars · 
Mobility · 
Hardware · 
Motorbikes · 
Travel · 
Boating · 
Aviation · 
production-frontend
About Forumsee · Contact · Privacy policy · Request content removal
We use cookies for navigation analysis and personalized advertisement. By using our site, you agree to our use of cookies.
Accept  ·  Learn more