Foxconn's US$3.5bil bet to keep up with Apple


A man walks past a logo of a Foxconn factory in Wuhan, Hubei province, August 31, 2012. REUTERS/Stringer/Files

SEOUL: With its acquisition of Japan's Sharp Corp, Foxconn aims to gain access to promising technology for high-end OLED screens likely to be used in future devices from Apple Inc, the electronics assembler's biggest customer. 

But even with Foxconn's backing, Sharp faces a tough challenge to catch up with rivals already looking ahead to more advanced display panels such as 'foldables'. 

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Foxconn , Hon Hai , Sharp , Apple , LCD panels. OLED

   

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