Taiwan’s Hon Hai Precision Industry Company, also known as Foxconn, the world’s biggest contract electronics maker, has finally signed an acquisition deal with Japanese electronics company Sharp. The acquisition was first announced in February, but then ran into trouble over claims Sharp had not disclosed certain liabilities. As part of the deal, Hon Hai will also take over Sharp’s advanced screen technology, which will strengthen its pricing power with major client Apple.
Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv
Follow us on: