It looks like Apple's biggest supplier is branching out into the TV business with a $1.6 billion dollar investment in the Japanese LCD TV company Sharp. Sharp is currently struggling after it said it's expecting to lsoe $3.48 billion this fiscal year. The Sharp plant though is the most efficient plant at making 60 in. TVs and could be the future leader in smart televisions. People are expecting to see a debut of an iTV by the end of the year.
Television may be a smart move for Apple because it works strongly on the interconnection between its different devices. Everyone also knows that Apple TV is reworking itself to come out bigger and better and having an Apple constructed television would be a nice compliment. Apple is trying to be a constant part of a consumer's day and television would just increase the amount of time that a person can use an Apple product.
The full article can be found at: http://www.businessweek.com/articles/2012-03-28/sharp-investment-makes-sense-if-apple-tv-is-coming
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