Sharp will invest in a factory in the USA

Sharp, one of Apple's main partners for iPhone production, will invest 7 billion dollars in a factory designed to produce iPhone screens. It is estimated that Sharp will initiate the construction of this factory by June of this year, so in 2018 it should start its activity and supply products for Apple.

Sharp would supply OLED screens for the iPhone 8 at some point, and this factory could be created precisely for this purpose in the USA. Even if Sharp will not supply OLED screens for Apple from 2017 itself, so as to cover the necessary components for iPhone 8, this does not mean that from 2018 it will not enter the chain of partners.

The information appeared just before the Prime Minister of Japan met in the USA with President Donald Trump, Sharp going to create thousands of jobs in the country. Separately, other Japanese companies could invest in the US to create tens, or perhaps even hundreds of thousands of jobs, all at the behest of Donald Trump.

Of course, Sharp has not confirmed the information regarding the construction of a factory in the USA, but that does not mean that the plans are not real, because the rumors appeared a few weeks ago. Sharp was bought by the Foxconn company just a few months ago, so the investment made now by the Japanese is based on Taiwanese money.

"A spokesperson for Sharp said no decision on building a plant had been made. Foxconn, formally Hon Hai Precision Industry Co Ltd, did not immediately respond to a request for comment. Terry Gou, the chief executive of Foxconn, the world's largest contract electronics maker, last month said he was considering investing around $7 billion to build a display-making plant in the United States, but did not elaborate on any time frame."

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