According to latest news from media, the cooperation between Sharp and Foxconn will help them expand the market of LCD products. The CTO and deputy manager of Sharp,Shigeaki Mizushima Sharp will continue to develop its LCD business and the development of new technologies.Mizushima said during the informal meeting of the flat panel display exhibition in Tokyo in 2012, Sharp is very optimistic and active with the agreement signed with Foxconn, because the deal coule help Sharp complete its global integration, which is built on the basis of backend from Foxconn, new technology of tablet PC from Sharp and market forces. Collaboration between Sharp and Foxconn will build strong economies, promoting product sales at lower prices, while the performance of related products is stronger. Cooperation between the two companies will also introduce new business models, this business model will also be suitable for other companies.The development of the FPD (flat panel display) industry has been transferred to a new track, due to the increasing demand of intelligent machines, tablet PCs and e-book reader, CAGR of small and medium-sized flat panel displays is expected to reach 17% during 2011 - 2015 while a compound annual growth rate of big flat panel displays will increase by 1% over the same period ,the price will continue to decline during the period.Sharp forecasts, the global market compound annual growth rate of liquid crystal display TV during 2011-2015 is expected to increase by 8%, but overall sales will remain stable, because during this period the price will continue to decline. |
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Sharp Cooperates With Foxconn To Expand Global LCD Market