Sharp has started mass production of displays that are made out of IGZO (indium, gallium, and zinc). Analysts said that this type of display are candidates for use in upcoming Apple products for their smart TV. Sharp is one of the world’s largest producers of LCD panels. Sharp started producing displays using the technology last month in Kameyana (central Japan).
Sharp’s new display has twice the detail of existing panels at the same transparency. The high-resolution devices can be designed that require less power and space for backlighting. Sharp said that the new displays cut power consumption by around 90%.
Sharp has been suffering from massive financial losses lately and they originally constructed their factories to make massive panels that are suited for large-screen TVs. Their profits continued to fall because of falling demand and cheaper competition. Sharp still sells TV models at 80 inches large.
Sharp is now retooling their production lines to focus on small panels for smartphones and tablets. Hon Hai Precision Industry invested $806 million into Sharp and took a major share in a factory that makes large panels for TV screens.