Foxconn's Sharp to spend $570 million on OLED panel production
Japan`s Sharp Corp said it will spend $570 million on its organic light-emitting diode (OLED) screen business - one of its first major investments since it was taken over by Taiwan`s Foxconn although the amount pales in comparison to efforts by South Korean rivals.
Sep 30, 2016, 11:08 AM IST
Foxconn seals $3.5 billion takeover of Sharp as execs seek to shake off doubts
Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes
Apr 02, 2016, 16:50 PM IST
Foxconn deal for Sharp hits big snag, Sharp shares slide
Taiwan`s Foxconn has put its takeover of Sharp Corp on hold after discovering previously undisclosed liabilities, sources said, throwing the acquisition in doubt and sending shares of the Japanese electronics maker tumbling.
Feb 26, 2016, 09:36 AM IST
Foxconn offers to invest around $5.6 billion in Sharp - sources
Sharp has chosen Foxconn as its preferred bidder in takeover talks. One source said Sharp`s board on Thursday had voted 13-0 to negotiate with Foxconn instead of a state-backed Japanese fund, the Innovation Network Corp of Japan.
Feb 05, 2016, 06:06 AM IST
Hon Hai considering buying $1.7 bn stake in Sharp LCD unit
Taiwan`s Hon Hai Precision Industry Co is considering buying a majority stake in Sharp Corp`s loss-making LCD business for up to 200 billion yen ($1.7 billion), Japan`s Mainichi newspaper said on Monday, without citing any sources.
Sep 28, 2015, 09:20 AM IST
