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Foxconn Executive: Want To Buy Back Sharp's Headquarters In Osaka


Ron Burgundy
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Hon Hai's Vice President Tai Jeng-wu speaks during a news conference to announce the company's agreement to acquire Sharp Corp in Taipei, TaiwanFoxconn Vice Chairman Tai Jeng-wu said on Saturday he wanted Sharp Corp to use part of the funds it will raise from the Taiwan firm's investment in it to buy back its headquarters in Osaka, western Japan. Tai was speaking at a news conference in Sakai, near Sharp's headquarters, along with Foxconn Chief Executive Terry Gou and Sharp President Kozo Takahashi, following the formal signing of Foxconn's takeover of the loss-making Japanese display maker.




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