“Sharp Corp., Japan’s biggest liquid-crystal panel maker, said it’s in talks with Foxconn Technology Group to make its capital and business partnership agreement formed in March ‘valid,'” Naoko Fujimura reports for Bloomberg.
“Sharp will disclose any decision as soon as it’s reached, the Osaka, Japan-based company said in an e-mailed statement today,” Fujimura reports. “Foxconn, maker of Apple Inc. iPads, said Aug. 3 it will renegotiate the price of its investment in Sharp after the Japanese TV maker widened its loss forecast eightfold.”
Fujimura reports, “Foxconn plans to invest in Sharp through its two Taipei listed units, Hon Hai Precision Industry Co., the world’s largest contract manufacturer of electronics, and Foxconn Technology Co., a maker of computer cases.”
Read more in the full article here.
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Options narrowing for Japan’s cash-strapped Sharp; may face future as Apple component maker – August 6, 2012
Hon Hai to renegotiate investment in Sharp after losses – August 3, 2012
RUMOR: Apple to launch upgraded 9.7-inch IGZO iPad this summer; displays to shift from Samsung to Sharp – June 29, 2012
Apple supplier Hon Hai in talks to buy more Sharp shares; Terry Gou says Sharp alliance will beat Samsung in HD – June 18, 2012
Sharp to supply technology to Hon Hai’s China plant for Apple iPhone display production – May 24, 2012
Sharp announces production of world’s first IGZO LCD Panels – April 13, 2012
After using Apple’s new iPad with Retina display, old iPad screens become absolutely unacceptable – March 30, 2012
Apple ‘iTV’ beckons as jackpot in Hon Hai’s Sharp gamble – March 28, 2012
Foxconn-Sharp partnership likely targeting Apple orders – March 28, 2012
Taiwan Apple supplier Hon Hai becomes Sharp’s largest shareholder with 10% stake – March 28, 2012
Apple to unveil smaller 7.85-inch iPad this year, says anonymous Samsung official – March 13, 2012
Wow, Sharp sure is ramping up IGZO display production for some reason – March 2, 2012
Ever since the price-fixing scandal of Nintendo DS displays, I’ve been skeptical of Sharp. It’s possible that they are still suffering from corruption issues. Time to straighten this out for the good of Japan, Apple and the world.
Before the dust settles, Foxconn will own a controlling interest in Sharp.
Watch for a change in “Sharp’s” client list after that happens.
What do you mean a change in their “client list” ?