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Apple moves production to Sharp for TV debut

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Apple Inc. is shifting production of iPhone and iPad displays to Sharp Corp. in Japan and may introduce a television with screens from the same partner as early as the middle of 2012, Jefferies & Co. said. Apple is moving its business to Sharp in Japan largely at the expense of Samsung Electronics Co., a growing rival in smartphones and tablets, said Peter Misek, a New York-based analyst at Jefferies. The company's relationship with Samsung is deteriorating, Misek said. Besides diversifying away from Samsung for displays, Apple has shifted some purchases of flash memory from Samsung to Toshiba Corp., he said. The deal with Sharp gives Apple more control over manufacturing. (BusinessWeek)

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