While Foxconn has failed to become a Sharp shareholder , as suggested by the preliminary negotiations between the companies, the head Hon Hai Precision Industry has a controlling stake in the factory for the production of liquid crystal displays in Sakai - the largest enterprise Sharp with corresponding profile.
The company Hon Hai Precision Industry founded in Sakai and Yokohama New research centers that will employ Japanese engineers. Sharp is going to cut about 2,000 professionals those will be hired in the new center.
Japanese research center Foxconn will develop displays small and large sizes not only in the consumer and commercial vehicles, but also in medical equipment. In addition, using the strength of Japanese engineers Foxconn wants to develop a cloud environment for its numerous components. Japanese center will work in co-operation with similar units Foxconn, located in Taiwan and China. In the future, Foxconn might expand the network of Japanese research centers.