Toshiba will make LCD panels for Apple iPhone

WorldWideTech & Science: Francisco De Jesús

Toshiba Corp will spend about 100 billion yen ($1.19 billion) to build a factory to make small LCD panels, mainly to supply to Apple Inc for use in iPhones, Japanese business daily Nikkei said on Tuesday.



Toshiba Mobile Display already makes low-temperature polysilicon LCD panels at a facility in the prefecture and its monthly production capacity of 8.55 million units is projected to more than double with the new factory, the daily said.

Apple will invest in the factory, the Nikkei said.

Source: http://www.reuters.com/article/idUSTRE6BD05F20101214