Shapr is investing just under $ 1 billion in the production of OLED panels
The company Shapr, as reported by the resource DigiTimes, citing the Nikkei, intends to invest $ 864 million in the construction of the production line to produce OLED panels at a factory of Foxconn.
This information correlates well with the October news about the intentions of Foxconn and Sharp. The line will be added at the factory in Zhengzhou in 2019. It is easy to guess that the rumors saying the use of such panels in the iPhone.
Given this information, can strike Sharp and Foxconn from lists of potential suppliers of OLED panels for smartphones iPhone this year and next year.