Having taken control of Sharp, Foxconn Electronics will obtain Sharp-developed panel technologies including Oxide TFT-LCD, IGZO TFT-LCD, LTPS TFT-LCD and AMOLED. It is also expected to strengthen Sharp's global competitiveness against Samsung Display and LG Display in OLED smartphone and TV applications, according to Digitimes Research.
Foxconn and three other members of the Foxconn Group will together invest JPY388.812 billion (US$3.42 billion) in Sharp for a 66.00% stake, with JPY200 billion and JPY60 billion of the investment earmarked for developing OLED and TFT-LCD respectively, Digitimes Research indicated.
Sharp will occupy 5.3% of global large-size panel production capacity in fourth-quarter 2016, ranking seventh after Samsung Display, LG Display, Innolux, AU Optronics (AUO), BOE Technology and China Star Optoelectronics Technology (CSOT).
However, Sharp and Innolux, a member of the Foxconn Group, will have a combined global share of 21.9%, slightly less than 23.7% for Samsung Display and 22.7% for LG Display.
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