TOKYO (Reuters) – Japan’s Sharp Corp will supply technological know-how to Taiwan’s Hon Hai Precision Industry Co for a plant in China that will produce panels for Apple Inc’s iPhone and other consumer electronics products, the Nikkei business daily said on Thursday.
As for what technology Sharp will provide, the report only specified it will be “aimed at improving quality management” at a future plant in Chengdu. Sharp will reportedly receive “tens of billions of yen in fees” through the partnership, and it announced plans today to buy back Sony Corp’s 7.04-percent stake in its Sakai, Japan-based plant.
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Sharp was rumored to provide displays for the third-generation iPad leading up to the March launch, but it was later revealed that initial shipments only included Samsung displays, as experts claimed Apple passed on Sharp’s IGZO tech because it was not ready.