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Sat, Aug 13 2011 Apple may invest $1 billion in Sharp LCD plant: MF Global Tweet Share this Email Print Related News Apple blocks Samsung's Galaxy tablet in EU Wed, Aug 10 2011 UPDATE 7-Crisis-hit Tokyo Electric posts $7.4 bln quarterly loss Tue, Aug 9 2011 Toyota cautious after quake drags first-quarter to loss Tue, Aug 2 2011 Honda raises profit, sales forecast on speedy recovery Mon, Aug 1 2011 Samsung profit outlook weakens on chips, mobiles strong Fri, Jul 29 2011 Analysis & Opinion Tech wrap: Apple involved in legal battles Google dials it up by pocketing Motorola Related Topics Technology » Steve Jobs » TOKYO | Wed Aug 17, 2011 1:00am EDT TOKYO (Reuters) - Apple Inc may invest $1 billion in Sharp Corp's Kameyama factory to secure the supply of screens for iPhones and iPads, MF Global FXA Securities wrote in a sales note on Wednesday, sending shares in the Japanese consumer electronics maker up more than 2 percent. Sharp could not be immediately be reached as it was closed for summer holidays. A likely investment amount of around 100 billion yen ($1.3 billion) has been reported in local media since late last year. "We think it is highly possible that Apple will make an investment in Sharp's Kameyama plant to the tune of around $1 billion in order to secure stable supply of screens for iPhones and iPads," analyst David Rubenstein said in the note. "This would have a material impact on Sharp's profitability." ($1 = 76.720 Japanese Yen) (Reporting by Chang-Ran Kim; Editing by Edwina Gibbs) Technology Steve Jobs Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) 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