DEAL: Taiwan electronics manufacturer Hon Hai Precision Industry Co. is taking a 10 percent stake in struggling Japanese electronics company Sharp Corp. for about $806 million.
ALLIANCE: Sharp and Hon Hai will form an alliance in LCDs to cut costs. Sharp makes flat-screen TVs and LCD displays for TVs, game consoles, tablet computers and smartphones, appliances and other products.
CONTEXT: Like other Japanese electronics makers, Sharp has been hurt by falling prices, competition from other Asian companies and a stronger yen. The tsunami disaster in 2011 and flooding in Thailand also have disrupted supply chains.
Source & Image : Yahoo
No comments:
Post a Comment