SHARP Will Build Display Plant In US For iPhone By First Half 2017 Claims Anonymous Source
President Trump's shaking things up. His restrictions on a select countries for movement to the United States has generated a lot of different opinions.Today, we've got more details on the whole 'Apple should manufacture the iPhone in US ' problem. Looks like Japanese display maker SHARP is ready to take the plunge. Take a look below to find out more.
Japanese President Set To Meet Donald Trump; Will Unveil Plan To Create 700,000 Jobs In The US
Japanese investment in the US is a feature of the news for quite a while. Last year when Japan's SoftBank head met with Mr. Trump, similar items were on the agenda. Foxconn and Sharp themselves have analyzed the potential costs and benefits of such a decision. Foxconn's interested in building plants inside the US, though not for the iPhone. The country's huge market for other consumer electronics such as televisions provide for ample opportunity to Foxconn for introducing cheap products.
Foxconn chief Terry Gou has hinted at the possibility of a display plant in the US. Mr. Gou elaborated that he was considering to invest around $7 Billion in the country. When he intends to do that, is still unknown. However, a source that's familiar with Prime Minister Shinzo Abe's visit claims that such an investment can take place as early as H1 2017. It'll be a huge win for Mr. Trump, whose campaign was centered around 'America first'.
"The investment will be by a Japanese consortium that will also include manufacturing equipment makers,"elaborated the source speaking to Reuters on the condition of anonymity. Both SHARP and Foxconn haven't confirmed any such move right now. It's a tough time for Apple especially as the company braces for a historic iPhone launch. Quarterly production will reach record levels this year according to some earlier analyst reports.
The iPhone 8 will feature an edge to edge design, an optical fingerprint sensor, a 10nm processor and no buttons on its front facade. Long term forecasts for Apple suggest plans to shift to Micro-LED from OLED. If SHARP builds a display plant in the US, not only will Cupertino have extra display lines at its disposal but a nearby plant to experiment as well. Thoughts? Let us know what you think in the comments section below and stay tuned for the latest.
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