Friday, December 17, 2010, 12:00 pm
Sharp, Apple partnering to build $1.2B LCD plant - report
Days after a story claiming Apple and Toshiba were going to partner to build an LCD factory was emphatically denied, a new report now claims that Apple is instead partnering with Sharp to build a $1.2 billion facility.On Monday, a report surfaced that claimed Apple and Toshiba were working together on a new LCD plant. However, a Toshiba spokesman later called the report "untrue," and said nothing was decided.
On Friday, Japan's Nikkei business daily newspaper reported a second time that Apple will partner with another company for LCD manufacturing, but this time the company is Sharp. It said that Apple will be responsible for a "large portion" of the 100 billion yen, or $1.2 billion, facility, and the iPhone maker will buy "most" of the panels produced by Sharp.
"Sharp will start installing equipment next year at Mie Prefecture plant and mass production is slated to begin in the later half of 2012," a summary of the report done by Reuters translates.
The new production lines will allegedly manufacture small and mid-size LCD panels, and Apple is said to purchase the bulk of the displays for the iPhone. It also stated that Toshiba plans to build an Ishikawa Prefecture factory to boost supplies to Apple as well.
On Topic: iPhone
- AT&T to bring FaceTime over cellular to all customers by end of year
- Apple debuts new iPhone discounts, subsidies to gain ground in India
- Looking to pull even with Apple, Samsung to pay developers for Galaxy-specific apps
- 10M Samsung flagship phones in 28 days a 'record,' 5M iPhone 5 in 3 days 'disappointing'
- Briefly: Virgin Mobile offers 15% discount on prepaid iPhone 4/4S







So I wonder is this another version of an apocryphal tale?