Foxconn reports Sharp division earnings
- Nikkei News published article on Sharp, which is owned by Foxconn, aka Hon HaiPrecision of Taiwan
- FY2020 net profit up 290% to 53.2 billion yen ($487 million)
- “We will greatly benefit from recovering demand for LCD display panels”; stated president Katsuaki Nomura
- (much of growth is supplying LCD panels to Apple)
- Is forecasting that it will ship 50 million units for Apple iPhones in 2021