Hon Hai considering buying $1.7b stake in Sharp LCD unit-paper

Hon Hai considering buying $1.7b stake in Sharp LCD unit-paper

Hon Hai Precision Industry Co. Ltd. trades as Foxconn Technology Group. Visual from Foxconn website

Taiwan’s Hon Hai Precision Industry Co is considering buying a majority stake in Sharp Corp’s loss-making LCD business for up to 200 billion yen ($1.7 billion), Japan’s Mainichi newspaper said on Monday, without citing any sources.

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