Sharp to invest 100B yen in OLED production line ahead of next iPhone

The Japanese company Sharp that is well-known for making TVs and displays is currently one of the main LCD suppliers of Apple. Previously there were reports that Samsung will supply Apple with OLED displays and apparently Sharp is reacting to such action. The manufacturer will reportedly invest 100 billion yen ($864 million in a new OLED production line at Foxconn's Zhengzhou factory. It would be ready in 2019 which means it won't be able to supply the alleged iPhone 8. iPhone 7 Plus with LCD display Foxconn and Sharp are shareholders in SDP (Sakai Display Products) which...