Foxconn buys Sharp for half the price

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A little over a month ago, we informed you of the intentions of the main iPhone and iPad manufacturer of seize the Sharp company that was on the brink of closure. A few days later it seems that the Foxconn boys found themselves with a cake that they could not swallow due to the large amount of debts that the company dragged and that would mean a greater cost for the company's coffers. During this last month, the talks have continued until finally after threatening to withdraw the offer on several occasions, the purchase seems to have been confirmed.

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After the tug of war between both companies, Foxconn will only pay half of the offer it initially made, which was $ 6.200 billion.. Foxconn's intention is motivated to try to reduce the dependence on other display manufacturers in addition to obtaining a better price on this component as it is manufactured directly by the same company that currently assembles the components of all the devices. But in addition it would also allow the company to enter into the commercialization of screens for other manufacturers not only for the guys from Cupertino, in order to thus partly reduce part of the dependence it has on them.

According to the latest rumors, Apple intends to start using OLED displays within a couple of years on all devices both iPhone and iPad, so Foxconn would have to invest to make the necessary changes if it finally wants to stay with the production of this type of screens instead of having Samsung and LG take care of it as they point out. all the rumors. Both Samsung and LG have made great strides in this field and within a couple of years, this type of screen will allow the device's energy consumption to be reduced even more if possible, which would allow reducing the size of the battery in order to make devices more fine, a hobby that has gotten into the heads of all manufacturers, with which many users do not agree.


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