30 Mar '12, 4pm

Foxconn TV: Watch This Space - EBN

At the very least, Foxconn's recent investment in Sharp Electronics Corp. is a major step in its strategy to secure a supply of the most important component in today’s consumer electronics: the LCD panel. Some in the technology industry see the move as a strong indication that Apple Inc. (Nasdaq: AAPL) will bring a TV to market soon. On March 27, Sharp announced that it would sell Foxconn a 10 percent share of the company and a 46.5 percent stake in Sharp’s 10th-generation LCD fab, which makes 60-inch panels. Foxconn agreed to buy 50 percent of the production from that fab, and Sharp agreed to outsource more of its TV OEM business to the company. Foxconn Electronics Inc. , which also goes by the name Hon Hai Precision Industry Co. Ltd., is the largest EMS in the world and manufactures many of Apple’s products, including the iPhone and iPad. It is also becoming a major ODM ...

Full article: http://www.ebnonline.com/author.asp?section_id=1084&doc_i...

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