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Sharp May Buy Apple's LCD Production Facility

Tue, 07/15/2014 - 7:57am

OSAKA (Kyodo) -- Struggling electronics maker Sharp Corp. is in talks to buy out Apple Inc.'s liquid crystal display production facility at a Sharp plant in Kameyama, Mie Prefecture, industry source said Saturday.

By purchasing the facility, possibly for 30 billion to 40 billion yen, Sharp envisions producing LCDs at its Kameyama Plant No. 1 not only for Apple iPhones and iPads but for other products of Chinese and other communication device makers, they said.

Sharp, however, plans to maintain the flexibility to produce LCDs upon request from Apple, they said.

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