The Nikkei business daily is reporting that Sharp Corp will make a sizable investment in production of small and medium sized LCD panels. The report states that Sharp is planning to spend around �100 billion (US$1.2 billion) on production lines for the LCD panels, which Apple Inc. reportedly will purchase the bulk of for its iPhone and iPod touch line of devices.
Sharp will start installing equipment at the Mie Prefecture plant next year. Mass production then will commence in the second half of 2012. if all goes to plan.
Electronics giants are mulling further investments in LCD production as global smartphone demand continues to increase. Toshiba Corp. is planning to build an Ishikawa Prefecture factory to boost LCD supplies to Apple Inc., according to the report.
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