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Toshiba Is Building A $1 Billion Factory To Make Apple Displays

Reuters is reporting that, according to the Nikkei business daily, Toshiba will build a $1.19 billion factory (that’s 100 billion yen) to make LCD panels, “mainly to supply to Apple Inc’s iPhones”.

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.

Could this mean that Apple is moving away from its current suppliers of LCD panels, or are they simply looking for other ways of getting the panels into the production chain? Reuters is reporting that Toshiba will “mainly” supply to Apple, which lead us to think that the manufacturer will also make displays for, say, Android or Windows Phone 7 devices.

So is Apple looking for exclusivity or just more manufacturers?

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