Foxconn to Focus Sharp Investment on OLED Production

Foxconn to Focus Sharp Investment on OLED Production

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A majority of Foxconn's investment in Sharp is designated for developing its OLED production capabilities, reports DigiTimes. This makes sense as Apple is widely expected to begin a shift towards OLED displays for its mobile devices.

Of Foxconn Electronics' stake investment of JPY388.812 billion (US$3.42 billion) in Sharp, JPY200 billion is earmarked for OLED technology and this means that Foxconn's main motivation of the investment is to develop OLED technology, with production of small-size OLED panels for use in smartphones to kick off in 2018, followed by medium- to large-size applications for tablets, notebooks and TVs, according to Digitimes Research.

Notably, Foxconn is expected to apply Sharp's IGZO back panel technology to OLED panels. Once the company has captured considerable market share for small OLED panels, it will reportedly extend production to medium and large size panels.

It's believed that Foxconn will ship OLED panels for tablets, notebooks, and TVs starting in 2021.

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Foxconn to Focus Sharp Investment on OLED Production
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