Foxconn Will Reportedly Invest $2.6 Billion Into Apple Display Plant

According to a report last month, it was suggested that Foxconn could be thinking about getting into the display business by setting up a display production plant that would help Apple produce the displays it needs for its current and future iDevices. Given that Foxconn gets a ton of business from Apple, it would seem that this could be a worthwhile investment.

Well according to a report from Bloomberg, those plans could soon be put into motion as Foxconn is reportedly gearing up to spend $2.6 billion in building a dedicated Apple display plant over in Taiwan. The construction of the new factory is expected to done over the next two years. While Foxconn’s display unit Innolux Corp.’s PR rep Sophia Chang did confirm that equipment installation would begin next month, she declined to confirm if their client would be Apple.

Given that we know that Apple has a fine in place for their partners should they divulge information, it hardly comes as a surprise that Chang has kept mum on the matter. This isn’t the first time we’ve heard reports about Foxconn’s interest in display panels as it was mentioned in the middle of the year that the company was interested in helping Sharp produce iPhone displays.

So what does this mean for end users like you and me? Well with another company helping to produce displays, should one company face production difficulties, there will be another ready to pick up the slack, which in turn will hopefully result in supply of future products being more stable, but we guess only time will tell.

Tyler Lee
Categories: Apple, Cellphones
Tags: foxconn