Sign in / up

back to article Foxconn big daddy's latest fear: An expensive Sharp stake

Shares of beleaguered electronics firm Sharp continued to fall today as Foxconn parent Hon Hai said it was still taking the agreed stake in the firm, but it wanted a lower price. Sharp announced a massive billion-yen net loss for the second quarter on Friday and said it now expected the loss for the full financial year to …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. Steve Davies 3 Silver badge
    Alien

    Almost time for...

    Apple to step in and buy them lock stock and you know what. That will sort out the supply of kit for the forthcoming Apple TV and reduce their dependence upon Samsung.

    0 0
  2. Mark 65

    That's a big change in losses, does Sharp have a Treasury desk like the one at JP Morgan?

    0 0
This topic is closed for new posts.

Other stories you might like