The long saga of the rescue of ailing Japanese electronics vendor Sharp ended in summer 2016, making its majority shareholder Foxconn. The Taiwanese manufacturer defeated a proposal, in late 2016, for Sharp to be merged with Japan Display to create a united Japanese front against the mighty South Korean display and chip suppliers, and the emerging giants of China. However, that Japanese group may still materialize in the crucial area of OLED screens, since Sharp and Japan Display are looking to work together to challenge the leadership of Samsung and LG, according to reports from Taiwan. If true, the alliance’s timing probably relates to Apple’s conversion from advanced LCD screens, to OLED displays, for the high end iPhones. Japan Display,…