31-03-2016 14:24 via uk.news.yahoo.com

Foxconn's $3.5 billion bet to keep up with Apple

By Se Young Lee SEOUL (Reuters) - With its acquisition of Japan's Sharp Corp , Foxconn aims to gain access to promising technology for high-end OLED screens likely to be used in future devices from Apple Inc , the electronics assembler's biggest customer. Foxconn - formally known as Hon Hai Precision Industry Co - already has a range of flat screen businesses, and the addition of Sharp, which supplies screens for iPhones, will make it the world's top liquid crystal display (LCD) panel maker. Whi
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