Source: Taiwantrade | Updated: 04 December 2012
The Sakai plant in western Japan can produce 6 million units of 60-inch TV panels per year, half of which will be used in LED TVs assembled by Hon Hai, while the remaining units will be delivered to Sharp, said Hon Hai Vice Chairman Tai Jeng-wu.
The Sakai plant is currently at 70 percent capacity utilization rate and will increase in 2013, Tai said at a press conference in Taipei to launch Hon Hai's 60-inch TVs in cooperation with local carrier Chunghwa Telecom Co.
Sakai Display Products, the operator of the Sakai plant that makes the world's most advanced 10th generation panels, is expected to break even in the fourth quarter of this year thanks to the increasing capacity at the plant, he said.
Hon Hai, the main manufacturer of Apple Inc. products, earlier this year acquired a roughly 10 percent stake in Sharp at a cost of US$800 million, becoming the largest shareholder in the Japanese company.
As part of the deal, Gou agreed to acquire a 46.5 percent stake in the Sakai plant for an additional US$800 million and obtained three seats on the board of directors.