The chairman of Taiwan's Hon Hai Precision Industry Co. made a direct offer Saturday to the top management of Sharp Corp. to help revive the struggling Japanese electronics maker, as the Taiwanese company seeks to tip the scales in its favor in the face of a rival offer.
"We want to help Sharp. Sharp has a 100-year history ... We want to keep it alive for maybe another hundred years. This is my goal," Terry Gou, the head of the company, told reporters at Kansai International Airport after visiting the headquarters of Sharp in Osaka for about two hours.
The potential tie-up would see Hon Hai take over Sharp with an investment of around ¥600 billion (roughly $4.9 billion).