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Business

Foxconn, Sharp mulling Zhengzhou for OLED plant

Companies rushing to supply panels to Apple for the next iteration of the iPhone

Flags of Sharp and Foxconn

OSAKA -- Taiwan's Hon Hai Precision Industry and its Japanese subsidiary Sharp might build a factory in Zhengzhou, Henan Province, to make organic light-emitting diode panels.

The plant would cost at least 100 billion yen ($854 million), and the panels would be slapped on iPhones.

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