Apple will do anything to beat Samsung and now Foxconn is helping them greatly. They took over Sharp and this is a huge move. Apple depended a lot on Samsung for display parts, but after this new deal, that thing will not be needed. Times are changing and LCD displays are becoming obsolete. People love OLED displays and the picture resolution is simply magnificent.
Well, Samsung will recover after this big blow and they will surely look to do something different to be back in the game. Meanwhile, Sharp will make the most out of this opportunity and look for a long‐term relationship with Apple. When it comes to OLED displays, no company can beat Samsung, they are market leaders.
Apple loves negotiating and they were searching for alternatives from a long time. There is no risk involved in this process and Apple can set the terms as they like. Sharp never ventured into this sector, so they never thought about manufacturing OLED screens, Foxconn will take care of everything and transform them into a bigger and better company. Producing them is no big deal as the research wing is quite strong. Technological innovations will be needed and Sharp is ready for this big challenge.
Foxconn involves many companies and works with them simultaneously. Assembly work is done by small companies and the production cost decreases significantly. Foxconn is expanding slowly and many companies are under its umbrella. As far as OLED displays are concerned, it is used in selected devices which include – “Apple Watch”. Apple tested the market and got good reviews, so now in future
