Apple Reportedly Investing in Sharp LCD Plant
HTC sues Apple over patent infringements
In the wake of yesterday’s news that the iPad 3 launch will likely be delayed until 2012 due to problems manufacturing the tablet’s high-resolution display panels, Reuters is reporting that Apple may be investing in a Sharp plant in Japan that manufactures LCD screens for iPads and iPhones.
“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 a stable supply of screens for iPhones and iPads,” Global FXA Securities analyst David Rubenstein wrote in a sales note.
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