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Foxconn Investment in Sharp lookin PDF Print E-mail
Tuesday, 07 August 2012
We all know that Sharp is heading towards the deadpool, as sales for Sharp’s LCD panels are dipping sharply, and Sharp is also ‘scheduled’ to make a huge loss in the market, due to poor demands for their LCD panels. Surely, Sharp’s outlook isn’t looking too great either, as Foxconn, which initially wanted to invest into Sharp’s LCD manufacturing division, is thinking twice over their joint-venture decision.

Although Foxconn's parent, Hon Hai Precision Industry, partnered up with Sharp earlier this year, in which they invested a whopping $850 into the company, it seems that the deal is in danger of dissolving, as Sharp has posted poor financial results, and Sharp’s excess inventory isn’t too good either. Sharp however, has given Hon Hai an option to back out the deal, which I think perhaps they should seriously consider, judging the circumstances.

Foxconn Investment in Sharp looking Less Likely Due to LCD Manufacturer Shrinking Stock Value

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