Sharp's possible purchase by Foxconn benefits Apple

sharp

While Apple has just decided to choose who will be the next supplier of screens for its new mobile, portable and desktop devices, the manufacturer of most of its devices, has just launched a purchase offer on the Japanese Sharp, for about 5.300 billion dollars, which in recent times is suffering significant financial problems. But Foxconn is not the only manufacturer interested in taking over the facilities of the Japanese company Sharp, but also the company Innovation Network Corporation of Japan (INCJ), which already controls a part of Japan Display, would have launched an offer of 2.500 billion dollars. .

Japan Display is the temporary union of companies for a common purpose, what in Spain called UTE, together with Hitachi, Sony and Toshiba, and where they would be manufacturing laptop screens together for all those manufacturers. Foxconn's offer includes the total amount of Sharp's debt with all its suppliers, about $ 4.300 billion, which the Japanese Sharp has to pay until March. On February 4, the Japanese firm has to present the results corresponding to the last quarter, results that will be quite negative, which could help it to decide on one of the two offers it has received before that date.

Currently Sharp is one of the manufacturers of LCD screens for current iPhone modelsThey are also leading the ranking of television screen manufacturers and have an important presence in the field of sound. Currently the company's debt is weighing on its operation, and the possible sale to the Chinese company Foxconn would put an end to all the problems it is going through. In addition, for Apple it would be important news since it would not have to depend on more third-party manufacturers to quickly have screens for its next devices, which include Macbooks and iMac.


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