Sharp to move headquarters to Sakai plant operated with Hon Hai

May 4, 2016

Sharp to move headquarters to Sakai plant operated with Hon Hai

Sharp Corp. is considering moving its headquarters to a plant in Osaka Prefecture, jointly operated with Taiwan’s Hon Hai Precision Industry Co., which has agreed to take over the struggling electronics maker, sources close to the matter said Wednesday. The envisaged relocation within the ...

Foxconn agrees to buy Sharp for ¥389 billion

Mar 30, 2016

Foxconn agrees to buy Sharp for ¥389 billion

Hon Hai Precision Industry Co. agreed Wednesday to buy control of financially struggling Sharp Corp. for ¥389 billion ($3.5 billion) in the first takeover of a major Japanese electronics producer by a foreign company. The agreement by Hon Hai, also known as Foxconn, followed ...

Sharp eyes quick close to Hon Hai takeover deal

Feb 29, 2016

Sharp eyes quick close to Hon Hai takeover deal

Sharp Corp. said Monday it hopes to finalize a takeover deal with Taiwan’s Hon Hai Precision Industry Co. “as soon as practically possible” without setting a deadline for inking the bailout package. “Sharp and Hon Hai Precision Industry have not set a signing date,” ...