Sharp gets $1.2bn from Apple for iPhone display plant
Paper says it's joining Toshiba in iWindfall
First Toshiba, now Sharp is a Japanese display maker said by local reports to be partnering with Apple on a enormo-factory to punch out iPhone screens.
Once again, Japan's Nikkei makes the claim, stating that Apple will be coughing up ¥100bn (£768m/$1.2bn) to support Sharp in its construction endeavours.
Apple will also buy the bulk of the new plant's output, the paper said, by way of Reuters .
Interestingly, Nikkei reckons it didn't get the name wrong first time round: the Sharp deal, it said, is in addition to the Toshiba factory investment , which likewise is being queued up to punch out iDevice panels.
Sharp's new lines will go live in H2 2012, Toshiba's in H2 2011. ®