Ron Burgundy Posted August 23, 2015 Share Posted August 23, 2015 By Reiji Murai TOKYO (Reuters) - Japan's Sharp Corp is in talks with Taiwan's Hon Hai Precision Industry Co for a tie-up in its struggling flat-panel display business, according to two sources familiar with the discussion. Under the proposed plan, Sharp would spin of the display business into a separate unit ahead of investment from Hon Hai and possible cash injections from other entities, including the state-directed Innovation Network Corporation of Japan, the sources said. The talks come after Sharp's chief executive, Kozo Takahashi, last month said he was open to major restructuring of Sharp's liquid crystal display (LCD) and consumer electronics businesses as investors and analysts clamored for an overhaul. View the full article Quote Link to comment Share on other sites More sharing options...
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