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| Name | Symbol | Market | Type |
|---|---|---|---|
| Sharp Corporation (PK) | USOTC:SHCAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.015 | -1.05% | 1.415 | 1.36 | 1.46 | 1.415 | 1.415 | 1.415 | 353 | 21:04:04 |
From Jul 2019 to Jul 2024
By Lorraine Luk
Foxconn said Saturday it was still exploring investment and partnership opportunities, which could include technology licensing, with struggling Japanese electronics maker Sharp Corp.
The comments came after Tokyo-based Weekly Toyo Keizai reported Friday, citing Foxconn Chairman Terry Gou, that the world's largest contract electronics maker plans to offer financial support to Sharp.
"Any such investment would have to be based on mutually beneficial outcomes, in particular, whether Foxconn will have the right to participate in business management to realize the shared goal of achieving sustainable business growth and returns on investment," Taiwan-based Foxconn said in a statement to The Wall Street Journal on Saturday.
Mr. Gou has continued to woo the Japanese press as he tries to reach an investment deal with Sharp, a pioneer in liquid crystal display technology used in smartphones and televisions.
A representative for Sharp couldn't be immediately reached for comment.I
In March 2012, Foxconn, which assembles most iPhones and iPads for Apple Inc., agreed to buy a 10% stake in the cash-strapped Japanese company for 66.9 billion yen ($708 million), but the deal unraveled in 2013 after dismal earnings reports sent Sharp's shares plunging.
Write to Lorraine Luk at lorraine.luk@wsj.com
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