Sharp set to supply Foxconn with LCD’s for Apple Television during Q3 2012

LCD supplier Sharp has hit the news outlets this morning regarding Apples rumored television set. According to Chinese news source 21cbh.com, Sharp is set to begin delivering LCD panels to Foxconn for production of the Apple TV set. The delivery was originally set to begin during quarter four of 2012, but has moved up to sometime during quarter three.

The source, 21cbh, spoke with Sharp executives and various other sources close to the company which led them to believe the LCD TV panels were ordered for the new Apple television set.

With the production beginning sometime during Q3 we could expect a release point sometime during Q4, just in time for holidays. This makes a lot of sense on Apples part because the holidays are always the top selling points of the year. Even analyst Brian White believes the timing is just right:

 ”In our view, a holiday launch would make for a very merry holiday season for Apple and consumers”

Currently Sharp is Apples major supplier for displays, mainly the retina display on the New iPad. If they were to add a full fledged Apple television set to the lineup than possibly we could be looking at an estimated $10 billion sales revenue yearly, according to White.

Make sure to give us your thoughts on Apple releasing a full-out television set.