• Kyodo

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Electronics maker Sharp Corp., currently undergoing restructuring in a buy-out by Taiwan’s Hon Hai Precision Industry Co., is looking to appoint a close aide of Hon Hai’s chief as its new president, sources close to the matter said Thursday.

Tai Jeng-wu is vice chairman of Hon Hai, also known as Foxconn, and No. 2 to Chairman Terry Gou. He is the likely candidate to replace Kozo Takahashi as the Osaka-based firm undergoes surgery related to the takeover agreed last month.

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