Foxconn and Sharp will build a factory in China for the production of LCD-screens

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POSTER: computer news   ||   FOXCONN AND SHARP WILL BUILD A FACTORY IN CHINA FOR THE PRODUCTION OF LCD-SCREENS	DATE:2016-12-31
China has not yet become a power, which is used in the mass of the most advanced technology in the world, but in some ways it came to the forefront.  In particular, the most advanced plants for the production of large-format LCD panels are built in China alone.  This plant, which is capable of processing lines of glass substrate of large size - generation 10.5G. Dimensions of the glass substrate sides was 2940 mm x 3370 mm.  Prior to this, the biggest support - 10G generation with the parties in 2850 x 3050 mm - produced a single plant, owned by Sharp in the world.  Now Sharp will own only 26% of the shares in this company, and the rest will be owned by the president of Foxconn's family. 10.5G generation plants in China built the company BOE Technology (start working in 2018) and China Optoelectronics Technology (TCL division).  Third, the company with similar capabilities, as it became known a few days ago, will build a joint venture of Hon Hai Precision Industry (Foxconn) and Sharp - Company Sakai Display Products.  Investments in construction will amount to 61 billion yuan, or $ 8.8 billion. The plant will be built in Guangzhou.  In the work it will be introduced in 2019.  It is expected that the company will generate annual revenues in the amount of not less than 91 billion yuan. Substrates generation 10.5G optimal for cutting 65-inch and 75-inch displays.  It screens for widescreen televisions, which partners intend to distribute in Asia.  Veterans of the industry - Samsung and others - lose profitability at LCD issue that opens the way for Chinese producers. Related Products :

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