• ELECTRONICS
    Why would Foxconn buy Sharp? It’s all about the iPhone

    Japanese electronics maker Sharp has accepted a bid from Taiwan’s Foxconn Technology Group for it to buy a majority stake in company for ¥489 billion ($4.4 billion), the Japanese firm announced today (Feb. 25). Shortly thereafter, however, Foxconn put the deal on hold “after receiving new material information from Sharp,” it said in a statement. […]

  • ELECTRONICS
    Japan Inc May Win Sharp Battle, but Lose the LCD War

    A state-backed Japanese fund is frontrunner to rescue Sharp Corp, ahead of a rival approach from Apple supplier Foxconn, but industry insiders question whether it can protect the group in the long term amid cut-throat competition. Innovation Network Corporation of Japan (INCJ), if successful, would represent the third bailout in as many years for Sharp, […]