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Sharp teams up with Foxconn, sells it 50% stake in the Sakai LCD plant

0. phoneArena posted on 27 Mar 2012, 05:42

Hon Hai will buy half of Sharp's 93% stake in the plant (the rest is held by Sony). Sharp is the largest Japanese producer of LCDs, but the new iPad screens it supplies are likely coming from its state-of-the-art Kameyama plant. Still, Foxconn got itself half of a well-equipped facility for producing modern LCD displays, so the company might be venturing out of its assembly-only business model...

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