News

Foxconn/Sharp Likely to Ramp up Stake in Lens Module Maker Kantatsu

2016-12-30 1475 Posted by 3utools

Backed by Foxconn Electronics, Sharp is likely to increase its investment in Japan-based lens module maker Kantatsu in order to compete with Taiwan-based Largan Precision to secure lens module orders from Apple for iPhone devices.


The speculation came after Sharp's president Tai Jeng-wu delivered recently a letter to its employees saying that Sharp should vertically integrate its camera module business through investments and acquisitions of core equipment and manufacturing partners, Nikkei indicated.


Foxconn/Sharp Likely to Ramp up Stake in Lens Module Maker Kantatsu


Kantatsu is capable of producing of over 12-megapixel camera modules with a yield rate that is comparable to Largan Precision, said the Chinese-language Liberty Times. Sharp currently holds a 44% stake in Kantatsu.


While Apple currently does not hold any stake in Kantatsu, it did provide the Japan-based lens module maker with a batch of equipment for manufacturing upgrades in early 2016, said the paper.


Source: digitaltimes


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