Sharp Investing $570 Million For OLED Production Facilities In Osaka Japan; Production Expected In 2018
One of the major developments related to Apple this year was Foxconn's acquisition of display Sharp. It's been quite a while since Apple's ben using TFT LCD panels for the iPhone's display. The Android world in general, on the other hand made the jump to OLED a long time back. With Foxconn acquiring Sharp, looks like Apple's ready to make this move as well. Now, we're hearing some more information about the Japanese display maker's investments in Japan. Take a look below to find out more.
Japanese Display Maker Sharp To Invest $570 Million In Japan For OLED Production
The launch of the iPhone 7 and iPhone 7 Plus came with the usual upgrades for this year. A new build approach, upgraded camera specifications and removal of the 3.5mm earphone jack were the highlights of this year's launch. However, Apple once again did not upgrade the display for the iPhone. It's been rumored for quite a while that the iPhone 8, which will be launched next year will feature OLED, in a much anticipated upgrade from Cupertino.
Now, Japanese display maker Sharp has started to make some investments in Japan. Taiwanese Hon Hai Precision group acquired the company last year. This move is expected to boost Apple's list of suppliers. It's Foxconn who does the heavy lifting for Cupertino after all. The acquisition of the Japanese display maker led some to speculate that the iPhone 7 and iPhone 7 Plus will feature the much needed display upgrade.
Reuters is now reporting that the display manufacturer will invest $57.3 million in Osaka and Mie, which are in Western Japan. This investment pales in comparison to what South Korean rivals of the company have shelved out previously. To counter this, the Japanese company hopes to bring its home country rivals on the same page. However, if you're expecting displays from the plants to make it on the iPhone 8, you'll be seriously disappointed.
The plants will be operational starting 2018, well after the release of iPhone 8. This development, however, comes in conflict with what has surfaced earlier about Apple's plans. Cupertino's expected to use OLED only as a transitional material on the iPhone. Several sources have claimed that Micro-LED will eventually replace OLED on Apple devices. Still, Sharp making moves in the OLED's direction will be good news for Apple fans all around. Thoughts? Let us know what you think in the comments section below and stay tuned for the latest.
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