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MacRumors
Apr 20, 2011, 01:25 PM
<p style="float:right; padding-left:1em;"><img src="http://images.macrumors.com/article/2011/04/20/142332-iphone_retina_display_top.jpg"></p><a href="http://www.marketwatch.com/story/apple-picks-toshiba-as-iphone-lcd-supplier-report-2011-04-19"><i>Dow Jones Newswires</i> reports</a> on claims from Japanese newspaper <i>Nikkan Kogyo Shimbun</i> that Apple has committed to invest in a Toshiba factory for iPhone LCD production, a report that also claims that Apple has abandoned a similar deal with Sharp for the displays.<p class="quote">The Nikkan Kogyo Shimbun reported that Apple now plans to invest only in Toshiba's new LCD panel plant currently under construction in Ishikawa Prefecture, central Japan.<br />
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The report said that Sharp was no longer a candidate for Apple's investment.</p>The article notes that Sharp has issued a statement refuting the claim, reporting that the statement "contradicts the facts". Sharp even went so far as to issue an <a href="http://sharp-world.com/corporate/news/110420.html">official press release</a> denying the claim urging the newspaper to withdraw the report and issue an apology.<br />
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Last December, reports appeared just days apart claiming that Apple was planning to invest alongside both <a href="http://www.macrumors.com/2010/12/13/toshiba-and-apple-to-invest-12-billion-in-factory-to-produce-iphone-lcds/">Toshiba</a> and <a href="http://www.macrumors.com/2010/12/17/apple-and-sharp-building-1-2-billion-facility-for-iphone-displays/">Sharp</a> for iPhone LCD plants, with each facility said to cost up to $1.2 billion.