The China Post
Date: January 21, 2017
By: The China Post news staff
TAIPEI, Taiwan — Sharp Corp., partially owned by Hon Hai, has sharply boosted its stakes in Japanese lens module maker Kantatsu in a bid to win iPhone orders away from Taiwan’s Largan Precision, the Central News Agency (CNA) cited Japanese news media as reporting on Friday.
The move is widely interpreted as the determination of Hon Hai and Sharp to expand their business in camera lens modules for smartphones and to compete with Largan Precision, which currently supplies camera lens modules for iPhones.
Kantatsu now produces 12-megapixel camera lenses with performance comparable to those produced by Largan, CNA reported.
According to CNA, Japan’s Manichi Shimbun reported Thursday, citing top Sharp executives, that the firm’s stakes in Kantatsu were already up from 18 percent in December to 44 percent on [FULL STORY]