Sharp is leveraging Hon Hai’s partnership with Apple after Hon Hai acquired a 66 percent stake in the Japanese firm for US$3.5 billion last year. Moreover, Sharp will, for the first time, start supplying flat panels for Apple’s MacBook laptops, Kuo said in the report. “GIS, which assembles display modules for Sharp, will be the biggest beneficiary of this development,” Kuo said. Kuo said he also expects GIS to start shipping 3D touch modules for OLED panels for iPhones in March. GIS shares surged 4.95 percent to NT$97.6 in Taipei trading yesterday, hitting their highest level in nine months.

Source: Taipei Times January 20, 2017 16:05 UTC