OESF Portables Forum
General Forums => General Discussion => Topic started by: Varti on April 04, 2016, 10:15:48 am
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"Foxconn, formally known as Hon Hai Precision Industry Co, will pay about $3.5 billion for a two-thirds stake, cutting its initial offer by nearly $900 million following the emergence of previously undisclosed liabilities at Sharp."
https://sports.yahoo.com/news/foxconn-overh...2--finance.html (https://sports.yahoo.com/news/foxconn-overhaul-sharp-management-planned-takeover-yomiuri-023951242--finance.html)
"Gou pointed to Sharp's proprietary know-how to mass-produce the advanced IGZO (indium gallium zinc oxide) display technology as a standout, calling it superior to the popular OLED (organic light-emitting diode) technology. IGZO technology is used in products such as Apple Inc's (AAPL.O) iPad."
I hope that Sharp, after the last years' losses, will manage to become profitable again...
Varthall