Apple supplier Hon Hai to take 11 percent stake in Sharp

Reuters - Taiwan's Hon Hai Precision Industry Co, will take an 11 percent stake in Japan's Sharp Corp, the Japanese company said on Tuesday, under a tie-up in LCD production that includes Sharp issuing 66.5 billion yen ($803 million) worth of its shares to four Hon Hai group companies.

Read Full Story >>
The story is too old to be commented.