According to the Japanese newspaper, Nikkei, Toshiba is investing a total of $1.9 billion in a new LCD plant which will supply Apple with small-scale high-resolution displays.
It seems that Apple is also investing in the factory, although the amount of investment by Apple is unknown as yet, and the new factory will double Toshiba’s production of small high-resolution displays.
At the moment Toshiba are producing around 8.5 million of these displays per month, and this new plant will double that. The current Retina Display used in the iPhone 4 is produced by LG for Apple, and according to the newspaper Toshiba will be producing new displays for future iPhone versions.
Strategic Partnership Between Toshiba and Apple
The collaboration between Toshiba and Apple signifies a strategic partnership that could have long-term implications for both companies. By investing in Toshiba’s new LCD plant, Apple ensures a steady supply of high-quality displays for its future devices. This move is particularly important as Apple continues to innovate and push the boundaries of display technology. High-resolution displays are a critical component of Apple’s product lineup, enhancing user experience through sharper images and more vibrant colors.
For Toshiba, this partnership not only provides a significant financial boost but also positions the company as a key player in the high-resolution display market. The increased production capacity will allow Toshiba to meet the growing demand for advanced displays, not just from Apple but potentially from other tech giants as well.
Impact on the Display Market
The investment in the new LCD plant is expected to have a ripple effect across the display market. With Toshiba doubling its production capacity, the supply of high-resolution displays will increase, potentially driving down costs. This could make advanced display technology more accessible to a broader range of devices, from smartphones to tablets and even laptops.
Moreover, the collaboration between Toshiba and Apple could spur innovation in display technology. As competition heats up, other manufacturers may be compelled to invest in research and development to keep pace with the advancements made by Toshiba and Apple. This could lead to the introduction of new features, such as improved energy efficiency, better color accuracy, and even flexible displays.
The new plant is also likely to create numerous job opportunities, both directly and indirectly. The construction and operation of the plant will require a skilled workforce, and the increased production capacity could lead to the creation of additional jobs in related industries, such as supply chain management and logistics.
In conclusion, Toshiba’s $1.9 billion investment in a new LCD plant, with additional investment from Apple, marks a significant development in the tech industry. The partnership between the two companies is set to double Toshiba’s production of small high-resolution displays, ensuring a steady supply for Apple’s future devices. This move is expected to have far-reaching implications, from driving down costs and spurring innovation to creating job opportunities and positioning Toshiba as a key player in the display market.
via Slashgear
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