Officially Foxconn acquired Sharp

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POSTER: computer news   ||   OFFICIALLY FOXCONN ACQUIRED SHARP	DATE:2016-03-30
We have previously reported that the Taiwanese contract manufacturer Hon Hai Precision Industry Co, better known under the trade name of the Foxconn, is going to get well-known Japanese Sharp Corporation, specializing in the manufacture of electronics and displays.  And today, the parties officially announced the deal. According to AppleInsider, Foxconn has signed a deal to buy a controlling stake in Sharp, which is experiencing  not the best of times, and quarterly records heavy losses.  The transaction amount - 389 billion yen ($ 3.5 billion), while the stated starting price of 66.6%  shares in Sharp was $ 6.25 billion, a formal agreement will be signed on April 2 in Osaka.. As a result of the transaction, Foxconn has received about two-thirds of Sharp, which makes it one of the largest players in the display market.  Following the acquisition of Sharp contract manufacturer Foxconn may sign new deal with Apple American Corporation strengthen its partnership with it.  Now Foxconn is responsible for the vast majority of the assembly of Apple products, and the production of Sharp LCD-displays are used in a number of American business unit. As expected, after a deal with Sharp, Foxconn will invest heavily in the development of production of OLED-displays.  Apple is already using OLED-screens in their smart watches Apple Watch,, and in 2017, according to rumors, it will release the first iPhone with AMOLED-display . Related Products :

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