Foxconn lowering offer for Japan's Sharp

Foxconn lowering offer for Japan's Sharp

A man walks past display showing a logo of Sharp Corp in Tokyo, Japan, October 30, 2015. REUTERS/Toru Hanai

Taiwan’s Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp from an initial plan of 489 billion yen ($4.4 billion), the Yomiuri newspaper reported on Sunday.

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