By Chris Chang, posted Jun 29, 2012 at 7:35 PM, 675 views,

Foxconn Is Aiming to Secure iTV Orders from Apple ?

So what’s exactly can Foxconn do with their investment in Sharp? Well, according to Ho Chao-yang, former president of Chimei Innolux (CMI) — Taiwan’s largest LCD maker and current chairman of Chi Mei Materials Technology, the Foxconn-Sharp alliance is actually a play to “secure iTV orders from Apple,” according to Taipei-based DigiTimes.

Last month, Terry Gou, chairman of Foxconn, almost confirm the giant electronics assembly company is making preparations for an Apple television set called iTV. Too bad, Foxconn later denied what was Gou saying. However, if we think carefully, why would Foxconn invest $1.6B in Sharp for flat panels? Maybe Foxconn and Sharp are eying on Apple big-screen TV? Well, if this is true, it could be a win-win strategy for Foxconn and Sharp, and the tie-up is believed to be able to create new markets, Ho Chao-yang stated. What’s more, the launch of an iTV will also benefit polarizer makers, including Chi Mei Materials.

Source: DIGITIMES