Apple To Invest $1 Billion Into Sharp: Reuters

Posted: Aug 17 2011, 3:02am CDT | by , in Rumors | Apple

Apple to Invest $1 Billion into Sharp: Reuters

Apple is supposed to invest into Japanese Sharp to secure display supply for iPad and iPhone.

Apple has a huge pile of cash and since a while they use some of it very wisely in the supply chain. Today Reuters carries a sales note from MF Global FXA Securities that says that Apple is investing $1 billion into Sharp to secure supply of energy-efficient thin screens.

Apple is supposed to have a similar deal with Toshiba. Both investments are aimed at lowering the dependency from Samsung. Sharp is supposed to have now reached a deal with Apple to supply the displays from the iPhone 6 coming in 2012.

Sharp's panels have been pricier than the LG and Samsung products. With the investment from Apple this is likely to change. Sharp is also already very active in the glasses-free 3D display sector. Maybe a 3D iPhone will be coming at some point in the next couple of years.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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