According to a note from MF Global FXA Securities outlined by Reuters, Apple may invest $1 billion in Sharp to secure displays for future devices; namely 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 stable supply of screens for iPhones and iPads, analyst David Rubenstein said in the note.

Notably, current Apple-foe Samsung supplies display components for the company’s popular iPad 2. Samsung only recently became Apple’s iPad 2 screens supplier after a fallout with LG.

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Mark Gurman's favorite gear