Wednesday, March 30, 2016

Foxconn takes Sharp

There are a lot of other companies that could have been targeted to bring OLED (the usual suspect) to Foxconn. Only one possible buy-out target had the "next generation display" that had a huge display and tiny form factor -- that was Sharp with PicoP.


Wall Street Journal -- much more at the source.

The deal is a victory for Foxconn, which has been looking to expand in the market for next-generation displays with its pursuit of Sharp, a supplier of smartphone screens to Apple Inc. Foxconn believes acquiring Sharp will allow it to move up the technology value chain by making smartphone screens, which are the most expensive components in mobile devices.

“We have much that we want to achieve and I am confident that we will unlock Sharp’s true potential and together reach great heights,” Foxconn Chairman Terry Gou said in a statement Wednesday.

2 comments:

  1. Hello Positive Pete,

    Can I be Debby Downer Pete for a minute? :)

    If what they want is PicoP, why buy Sharp and it's debt issues for 3.5B instead of just buying Microvision for say 500M or even 1B and own everything including the patents?

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  2. It's very simple. What Sharp has that they really want is the ability to manufacture PicoP NOW.... and MicroVision isn't for sale.

    Their most expedient access to sell the tech on a mass scale in the near term is to buy Sharp. (In my humble opinion. I readily admit that I don't and can't know the whole story.)

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