“We think it is highly possible that Apple will make an investment in Sharp’s Kameyama plant to the tune of around $1 billion in order to secure stable supply of screens for iPhones and iPads,” analyst David Rubenstein said in the note.
Wednesday, August 17, 2011
Apple to Invest $1 billion in Sharp LCD Plant?
Apple to Invest $1 billion in Sharp LCD Plant? LCD Plant?
A report from Reuters claims that Apple is interested in investing $1 billion in Sharp to be guaranteed a steady supply of LCDs for their range of devices. It was rumored earlier this week that Apple would be pushing back the release of the iPad 3 to 2012 due to display shortages, so investing in a LCD manufacturer like Sharp would ease the bottleneck and allow Apple to stick to a more regular release schedule.
“We think it is highly possible that Apple will make an investment in Sharp’s Kameyama plant to the tune of around $1 billion in order to secure stable supply of screens for iPhones and iPads,” analyst David Rubenstein said in the note.
“We think it is highly possible that Apple will make an investment in Sharp’s Kameyama plant to the tune of around $1 billion in order to secure stable supply of screens for iPhones and iPads,” analyst David Rubenstein said in the note.
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