Apple manufacturer Foxconn bids $5.3 billion to acquire display maker Sharp

iPhone manufacturer Foxconn has posted a $5.3 billion bid to buy Sharp, the Japanese display manufacturer who has faced financial difficulties in recent years. iPhone displays are currently manufactured by Sharp, Samsung and LG and assembled at Foxconn’s plant. A successful Sharp purchase puts Foxconn in the position to make iPhone display components, going beyond assembly.

http://9to5mac.com/2016/01/21/apple-manufacturer-foxconn-bids-5-3-billion-to-acquire-display-maker-sharp/

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