• Kyodo, Bloomberg

  • SHARE

Japan Inc. appeared to be losing one of its crown jewels Thursday after troubled electronics giant Sharp accepted a rescue package from Hon Hai of Taiwan, turning down a bid from a government-backed consortium.

But surprisingly, Hon Hai Precision Industry Co. said within hours that it would postpone signing the deal because of “new material information” from Sharp Corp.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)