![]() ![]() “The only advantage was economies of scale but that alone is not enough to compete in the global market,” Nakata said. Nakata threw cold water on the rival Japanese bid, saying it would not have been a good fit. ![]() “Sharp is strong in research and development while Hon Hai knows how to market products to customers such as Apple and it also has expertise in production. ![]() Sharp is strong in research and development while Hon Hai knows how to market products Yukihiko Nakata, technology professor “Hon Hai and Sharp complement each other,” said Yukihiko Nakata, a technology professor at Ritsumeikan Asia Pacific University and a former Sharp engineer. The pair have worked together for years on large screen technology, including for televisions, and industry watchers applauded the rare foreign takeover of a Japanese giant. Media reports have suggested the Taiwanese company’s offer would keep Sharp intact, while it would be broken up under a rival bid from the public-private Innovation Network Corporation of Japan (INCJ).ĭespite its troubles, Sharp remains a leader in liquid crystal display technology, a key asset for Hon Hai. Sharp declined to comment on the reports, while Hon Hai could not be immediately reached. Sharp’s volatile stock soared nearly 6% on the reports, which come after weeks of speculation about whether it would choose an offer from a domestic investment fund or Foxconn parent Hon Hai Precision, a major Apple supplier.
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