Sharp to Reconfigure Plant for Smartphone IGZO Displays
Sharp is prepared to alter one of its manufacturing facilities so that it can make more IGZO displays for smartphones. Sharp uses its Kameyama plant to manufacture television set screens, but will sacrifice TV production in order to produce more screens for mobile devices. The company believes it can cut down costs by making large IGZO sheets that can be cut into multiple displays. To-date, few devices outside of Sharp's home market of Japan include IGZO displays. IGZO, or indium gallium zinc oxide, display screens are thinner and use dramatically less energy than the OLED displays. Earlier this year, Samsung invested $110 million in Sharp's display business. Samsung primarily uses AMOLED displays in its smartphones. Sharp's increased production of smartphone-sized IGZO screens paves the way for Samsung to adopt the technology.
Sharp Shows Off Curved Display Concept
Sharp this week revealed a concept smartphone screen that has actual curved corners and nearly no bezels. The concept panel is called Corner R.
Foxconn Makes a Play for Sharp
Foxconn has offered to buy Sharp for $5.3 billion, reports the Wall Street Journal. Foxconn's offer arrives just as Sharp is weighing a buyout offer from Innovation Network Corporation of Japan.
Sharp May Have Found Buyer for LCD Business
Sharp CEO Kozo Takahashi said the company is in talks with several others concerning a sale of its LCD business unit. "I cannot provide any names, but we are currently in negotiations with multiple companies," said Takahashi.
Sharp Accepts Lowered Takeover Bid from Foxconn
Foxconn has agreed to acquire a 66% stake in Sharp for $3.5 billion, said the companies today. The sale price is considerably less than the $5 billion Foxconn offered earlier in the month.