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06:00

Foxconn's Sharp investment makes sense if Apple TV is coming

Read one of my last posts: Apple's CEO Tim Cook is visiting the Foxconn plants. The plants? Looks like he might have different reasons as well.

Business Week :: A big move into display manufacturing by Apple’s top supplier Foxconn could be an indication of Tim Cook’s plans to branch out into the TV business. Taiwan’s Hon Hai Group — which includes the Foxconn companies that make iPads and iPhones for Apple — and its founder Terry Gou agreed on March 27 to invest 133 billion yen ($1.6 billion) in Sharp, the Japanese company that is a major producer of thin film transistor liquid crystal displays.

Continue to read Bruce Einhorn, www.businessweek.com

Tags: Apple TV

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