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Business

Sharp in talks with Apple to regain panel facilities in Kameyama

The Kameyama Plant No. 1 currently churns out iPhone panels.

OSAKA -- Sharp is looking to buy smartphone panel production equipment at one of its Kameyama plants in Mie Prefecture from Apple in a bid to diversify its customer base.

     The Japanese company has proposed 30 billion yen ($293 million) or so for the deal, according to a source close to the matter.

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