Hon Hai and Sharp are considering making a $1 billion investment in the latter's LCD plant in Sakai, Japan to help production of displays for Apple devices, Reuters reports. C.C. Lin, an official for Hon Hai -- better known as Foxconn -- made the interest public earlier this week. Lin suggests that Hon Hai is also considering buying Sharp's TV assembly factories in China and Mexico; as for the Japanese investment though, Reuters indicates that an arrangement could be announced as soon as Friday.