Apple to invest $1 billion in Sharp LCD plant

According to a recent report by Reuters, Apple may be investing a billion dollars in Sharp’s LCD plant. This most likely is a result of Apple’s and Samsung’s current relationship. If the rumor is true it may also be yet another sign of an upcoming iPhone 5 release. The investment would have a substantial effect on Sharp’s profitability, especially if Apple decides to use them as the main manufacturer for iPad 3, and iPhone 5 screens.

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About Elijah Rotholtz