Apple manufacturing partner Foxconn is re-evaluating what it wants to do with its location in Wisconsin and is saying that the site will be more research-oriented than a manufacturing boom for the region.
Sharp is seeking to enter the iPhone supply chain for models using an OLED display, a report claims, with the Foxconn-owned firm among other vendors expecting to enjoy a boom in OLED panel production and shipments throughout 2019.
Foxconn may transfer engineers from China to staff its under-construction facility in Wisconsin due to a lack of appropriate skilled labor in the area, with Apple's assembly partner keen to meet employment targets in order to retain $3 billion in state and local incentives.
Foxconn's upcoming $10 billion display factory in Wisconsin is more lucrative to the Apple supplier than first thought, with state and municipal sweeteners adding almost an extra $1 billion in benefits above an existing incentive package worth $3 billion, increasing the burden on taxpayers.
Originally intended to churn out larger displays for products like TVs, Foxconn's upcoming $10 billion Wisconsin factory may actually turn to making small- to medium-sized panels for the likes of Apple and automakers in a bid to cut costs, a report claimed on Wednesday.
Sharp will be making changes to its display panel production lines, according to a report, moving to increase the manufacture of IGZO and OLED-based panels, possibly in an attempt to acquire more display orders from Apple for the iPad and other connected devices.
Samsung may soon face increased competition from its display production rivals, with a report claiming LG Display and other manufacturers are stepping up their OLED panel efforts to try and secure future orders from Apple to supply screen components for future iPhones.
Apple's main assembly partner, Foxconn, is reportedly planning to invest $10 billion or more across several U.S. states, although the company is still deciding on which ones — including where to put a $7 billion display plant.
A long-discussed manufacturing plant, said to be built by Apple manufacturer Foxconn or its subsidiary Sharp, may break ground as soon as the summer of 2017 with Sharp at the helm, according to a new report
Japan's beleaguered Sharp, a regular Apple LCD supplier, generated its first quarterly net profits in two years during the December quarter — its first under the management of Apple's main assembly partner, Foxconn.
Three of Apple's key suppliers — Foxconn and its subsidiary Sharp, as well as chipmaker TSMC — have all expressed interest in taking advantage of business-friendly incentives proposed by incoming U.S. President Donald Trump, though no commitments have been made.
Foxconn-owned Sharp is reportedly planning to invest 100 billion yen, or about $864 million U.S., into setting up an OLED production line, amidst expectations that Apple's "iPhone 8" will switch from LCD display technology to OLED.
Apple is said to be exploring more than 10 potential prototype models in anticipation of next year's 10th anniversary of the iPhone, with the company eyeing an OLED-display curved "iPhone 8" for launch in 2017.