# Foxconn and Sharp to build $8.8B LCD plant in Guangzhou, China

Sakai Display Products Corp, a joint venture of Foxconn and Sharp, announced plans to invest 610 billion yuan ($88 billion) to build a new LCD panel factory in Guangzhou, China. The plant will produce 10.5-generation 8K screens and LCD panels for smart TVs and electronic whiteboards.

- Type: New facility
- Announced: 2016-12-30
- Where: Guangzhou, China
- Value: $8.80B
- Starts operating: 2019
- Status: announced
- Capacity: annual production capacity value of 92 billion yuan
- Products: LCD panels, 8K screens, smart TV panels, electronic whiteboard panels
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sakai Display Products Corp](https://endata.com/companies/21093.md)
- [Sharp](https://endata.com/companies/3595.md) (partner)
- [Foxconn](https://endata.com/companies/15170.md) (partner)

## Sources

- [net.yesky.com](https://net.yesky.com/internet/86/107586586.shtml), 2016-12-31: "计划投资610亿元人民币(约合88亿美元) 在中国广州建立一座新工厂，生产LCD面板。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.