HomeNewsWorldSharp, Foxconn CEOs plan to meet Friday in China: Source

Sharp, Foxconn CEOs plan to meet Friday in China: Source

The meeting comes a day after the Taiwanese company, known formally as Hon Hai Precision Industry Co, put a deal to take over the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible for the 11th hour delay.

February 26, 2016 / 09:44 IST
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Sharp Corp CEO Kozo Takahashi and Foxconn Chief Executive Terry Gou plan to meet on Friday in China, a person familiar with the matter told Reuters Friday.

The meeting comes a day after the Taiwanese company, known formally as Hon Hai Precision Industry Co, put a deal to take over the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible for the 11th hour delay.

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The person spoke on the condition of anonymity due to the sensitivity of the matter.

Sharp declined to comment.

first published: Feb 26, 2016 09:44 am

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