Friday 22 February 2019
News
archives

Sharp sale may be coming to a conclusion ...   08 February 2016   


The future of Sharp Electronics continues to make headlines.  The latest cliffhanger is that a new offer has been put on the table by Terry Gou, CEO of Foxconn.  His offer is 5.35 billion Euros, 6.3 billion dollars, on the table until February 29th.  If accepted, and it does seem likely that it will be, this would be  the largest foreign acquisition in Japanese history.

Hon Hai Precision Industry Company Ltd., aka Foxconn, is well known in Asia for its enormous factories churning out Apple iPhones, Sony Playstations and Amazon Kindles.  

Sharp has had a hard time making its LCD screen technology profitable in recent years - though Sharp's business is much broader than just screens.

According to the Japan Times, Mr Gou has said the deal is "90 % done."  It would appear that Sharp Corp. prefer the offer from Taiwanese Foxconn over what the Japanese semi-public INCJ investment fund has proposed.  It is a better deal financially, includes the strategic benefits in terms of screen manufacturing  - and most importantly, Foxconn have said they would want to retain Sharp Corp. as a whole, whereas INCJ would break it up.

Tune in later this month for the next thrilling installment in this saga!

tags : Sharp  



Datamaster Online (DMO) is a benchmarking portal: competitive information, analyses, evaluations, comparison tools, technical data, product strengths and weaknesses, TCO ... and much more.  An independent test lab.
To find out about DMO


01 Feb 2019  

01 Feb 2019  

28 Jan 2019  

22 Jan 2019  

02 Jan 2019  

14 Dec 2018  

13 Dec 2018  

10 Dec 2018  

06 Dec 2018  

05 Dec 2018  

05 Dec 2018  

04 Dec 2018  

28 Nov 2018  

28 Nov 2018  

20 Nov 2018  

15 Nov 2018  

15 Nov 2018  

14 Nov 2018  

05 Nov 2018  

03 Oct 2018  

01 Oct 2018  

11 Sep 2018  

11 Sep 2018  

10 Sep 2018  

06 Sep 2018  

06 Sep 2018  

04 Sep 2018  

29 Aug 2018  

24 Aug 2018  

27 Jul 2018  

List of linked news items, pages : 1    2    3    4    5    6    7    8    9    10    11    12    13    14    15    16    17    18    19   

access the Subscriber area

News structure
New Xerox AltaLink MFPs enhance security and usability
01 February 2019

Xerox is determined to position itself as a leader in the market for secure and easy-to-use multifunction printers.   Xerox's new line of AltaL (...)

01 February 2019


28 January 2019


22 January 2019

LinkedinTwitterViadeo
structure