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TOKYO (Reuters) – Sharp Corp lifted its full-year profit guidance after posting its first quarterly net profit in over two years as the Japanese liquid crystal display (LCD) maker pressed Continue ReadingJapan’s Sharp raises forecast after 1st quarterly profit in over 2 years
The following appears on WSJ.com By TAKASHI MOCHIZUKI – TOKYO—IPhone assembler Foxconn Technology Group completed its $3.8 billion deal to buy electronics maker Sharp Corp. on Friday, setting the stage for Taiwanese Continue ReadingTaiwan’s Foxconn Completes Acquisition of Sharp
The following appears on WSJ.com By TAKASHI MOCHIZUKI – TOKYO— Sharp Corp. will implement a large-scale corporate restructuring to achieve profitability, with the hope of restoring the brand’s image as a global Continue ReadingSharp to Restructure in Effort to Boost Brand
Notice regarding the completion of the examinations by the competition authorities concerning the issuance of new shares through third-party allotments As Sharp Corporation (“Sharp”) had announced in the “(Update of Continue ReadingChina approves Sharp Foxconn deal
The following comes from Mike Marusic, VP at SIC… I am sure many of you have seen this already, but I wanted to share this with you directly as we Continue ReadingSharp US comments on the Foxconn takeover
Benefits Sharp remains operationally independent Continues to trade on Tokyo Exchange Over $450 million to be invested in Business Solutions Maintains Sharp brand Details March 30, 2016 Foxconn Technology Group Continue ReadingSharp Enters into Capital Alliance with Hon Hai
The following appears on NYTimes.com TOKYO (Reuters) – Taiwan’s Foxconn is planning to overhaul Sharp Corp’s management including replacing its CEO after a multi-billion-dollar takeover of the Japanese display maker Continue ReadingFoxconn to overhaul Sharp management after planned takeover: Yomiuri
Quite the saga! After courting Sharp for years, Sharp finally agrees to Foxconn’s terms only to have the Taiwanese behemoth pull back the offer. A month or so later, the Continue ReadingDONE DEAL! Foxconn Takes Control of Sharp!!!
The following appears on Bloomberg.com Foxconn Technology Group is in the final stages of negotiations to buy Sharp Corp. in a deal that could be worth about 500 billion yen Continue ReadingSharp’s 104 Years, From Pencils and Displays Into Foxconn’s Arms
The following appears on bloomberg.com Sharp Corp. and Foxconn Technology Group said they are pushing to close the rescue deal for the Japanese manufacturer that has been held up by Continue ReadingSharp, Foxconn Push to Close Deal After a Month of Delays