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Apple (AAPL), a major Sharp customer, is probably closely watching Foxconn's attempts to...

  • Monday, August 6, 2012, 5:47 AM ET
    Apple (AAPL), a major Sharp customer, is probably closely watching Foxconn's attempts to renegotiate its 9.9% investment in the Japanese company after its shares plunged last week following a profit warning and fell another 5.7% today. "Apple needs Sharp," says analyst Alberto Moel. "Sharp’s capacity is large enough that if it were taken offline, it could hurt Apple."
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  • Appl also has a small stake in Foxconn, if i remembered correctly. So, isnt this also in Apple's interest???
    6 Aug 2012, 06:01 AM Reply Like
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