Apple Cut LCD Orders by 80% to Buy Revolutionary Display

Apple (NASDAQ: AAPL) has reportedly cut its LCD orders by as much as 80 percent. If true, this could be a serious blow to Japan Display, LG Display and Sharp, all three of which depend on massive purchases from companies like Apple.While Japan Display and LG Display should survive the vacancy, Sharp may not. The Japanese display maker has publicly admitted that it has material doubt that it can survive its current economic situation, which resulted in a full-year, record-breaking loss of $5.6 billion.Sharp, which is famous for making Aquos television sets (and quirky commercials that feature Gorge Takei and Despicable Me minions), has been struggling to sell its displays. For years the company promoted itself as being a manufacturer of high-end HDTVs. While that strategy was initially successful, the company was forced to adjust its pricing structure after Samsung, Vizio and other firms ...

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