Rumours have been circulating the Apple-sphere for a while about an Apple-branded television set and the latest news comes from Taiwan LCD manufacturer Chimei Innolux former president, and Chi Mei Materials Technology current chairman, Ho Chao-yang.
Chao-yang told DigitTimes the investment is “aimed at securing iTV orders from Apple” and a “win-win strategy for Foxconn and Sharp, and the tie-up is believed to be able to create new markets”.
This is not the first time talk of Sharp and Foxconnhas arisen with rumours of Apple’s yet-to-be TV set. In March Foxconn’s parent company Hon Hai Precision Industry acquired a 10 percent stake in Sharp and close to half of its LCD panel subsidiary Sharp Display Products, leading to rumours of a collaboration.
In May, Foxconn and Sharp partnered to build a new plant in China to produce Apple products including the iPhone. In the same month, Foxconn CEO Terry Guo denied rumours he allegedly confirmed the manufacturer was preparing to produce an Apple TV set –a report later discovered to be false.