The media interpreted Takashi Okuda at yesterday's press conference as a reference to the termination of negotiations with Foxconn Electronics of possible investments, but according to associate, the two companies are still trying to find common ground. Foxconn has declared its readiness to become an investor in Sharp if the last adopt a new development plan.
Foxconn intends to continue negotiations as much as the situation requires. Companies collaborate in the production of LCD screens, so the financial investment in Sharp by Foxconn seem logical step towards strengthening partnerships.
Meanwhile, if the Sharp will receive investment from Qualcomm and Samsung, Foxconn proposal for the Japanese manufacturer may not be attractive enough.