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Foxconn joint venture to build $8.8 billion LCD plant in China
December 30, 2016 by admin · Leave a Comment
A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specializing
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Foxconn joint venture to build $8.8 billion LCD plant in China
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Sharp’s banks set to offer additional aid as part of Foxconn deal: source
March 9, 2016 by elegant · Leave a Comment
By Taro Fuse TOKYO (Reuters) – Sharp Corp's two main banks are set to lower interest rates on billions of dollars in loans and offer other financial support as part of a planned takeover by Taiwan's Foxconn, a source with direct knowledge of the plan said. The core banking units of Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc have extended the vast majority of Sharp's 510 billion yen ($4.5 billion) in syndicated loans which are…
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Sharp’s banks set to offer additional aid as part of Foxconn deal: source