Foxconn reportedly gives up plan to form closer partnership with Sharp

With Sharp having recently accepted loans of JPY200 billion (US$1.68 billion) from cooperating banks and business-renewal organizations, Foxconn Electronics (Hon Hai Precision Industry), has reportedly given up its plan to invest in Sharp, according to a Japanese-language Nikkan Kogyo Shimbun report.

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