Foxconn and Sharp set-up telly factory in China
 

Japan a bit too pricey

Foxconn and Sharp are to set up a $6.95 billion10.5G or 11G LCD TV panel factory in China. Needless to say Foxconn is stumping up most of the cash and Sharp is to providing the manufacturing technology.

Foxconn owns most of Sharp and the pair have been scouting around for a factory site in Guangzhou City, southern China. However they may talk with other cities for better offers – when you have that sort of cash to invest you can be picky and hang around and wait for tax sweetners. A bit of the total investment is expected to come from the local government.

http://fudzilla.com/news/graphics/42...ctory-in-china