Foxconn / Sharp: A Global Power Shift?

Foxconn will take over Sharp in a deal worth about 700 billion yen (about $6.24 billion), Sharp announced today, confirming months of reports that the huge Taiwanese corporation was looking to buy the Japanese firm. Foxconn's share purchase will give it control of 65.9 percent of Sharp, the Taiwanese company beating out competition from a Innovation Network Corp. of Japan, a group funded by...

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