According to Japanese outlet Nikkei, cited by DigiTimes, Sharp is hoping to secure some camera lens orders from Apple for future iPhones. To boost its chances of cutting a lucrative deal with Apple, Sharp is now speculated to increase its investment in Japan-based lens module maker Kantatsu, in which it currently holds a 44 percent stake.
Sharp would need to compete with Taiwan-based Largan Precision, which currently supplies iPhone camera lens modules in volume. Sharp is owned by Foxconn, the world's top contract manufacturer that assembles iPhones.