According to Japanese daily Nikkei, as reported by Reuters, Sharp will be supplying technology to Taiwan's Hon Hai Group for a Chinese manufacturing plant that will be building panels for the iPhone and other devices. Hon Hai — which owns Foxconn — entered into a manufacturing agreement with Sharp in March, which saw the company acquire a ten percent stake in the Japanese firm. That news was followed by reports that the two would be working together to create panels for Apple's oft-rumored television. Sharp entered into the partnership after being hit hard by the stagnation of the television market, which has seen the company slash production at its Osaka-based LCD plant and post record losses.
Foxconn plant responsible for iPhone panels to receive Sharp technology, says Nikkei
Foxconn plant responsible for iPhone panels to receive Sharp technology, says Nikkei/
A new report suggests that Foxconn parent company Hon Hai will soon be using Sharp technology at a panel manufacturing plant in China.