iPhone’s LCDs Will Be Manufacture In A Factory On Which Apple And Toshiba Are Investing $1.2 Billion

Reuters reported in a Japanese newspaper that Toshiba is planning to spend $1.2 billion in a factory to manufacture small LCDs. This factory will initially supply LCDs to Apple for iPhone and other iOS devices. There are also reports from Apple of investing money in this project.

The company’s wholly owned unit, Toshiba Mobile Display Co, will construct the facility in Ishikawa prefecture and the plant will churn out low-temperature polysilicon LCD panels, which allow for high-resolution images, the paper said.

Work on the plant will start by early next year, with the production due to begin in the second half of 2011, Nikkei said.

There is news about this factory that it at this time Toshiba can manufacture 8.5 million units per month and after this facility this output will be doubled.

It has been reported that Toshiba will supply the LCDs to Apple and there are also chances that Retina Display of iPhone4 may also been provided by Toshiba. What do you think about it?