We reported earlier, that Foxconn was going to build a new plant for Apple that would worth US $ 210 Million.Now Sharp will be aiding Foxconn in this as you all know the relation between Foxconn and Sharp.
We reported the recent strategic partnership of Sharp with Foxconn.
On Monday, 27 March 2012, Japanese electronics maker Sharp said that it will form a strategic global manufacturing partnership with Foxconn parent Hon Hai Precision Industry Co. This partnership will enable Foxconn to take eleven percent ownership in Sharp. In a nutshell, an assembly company has just purchased a stake in a manufacturer.