Sunday, 20 May 2012
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Hon Hai buying 10 percent stake in Sharp for $806M
28.03.2012 4:26   12222126 views   0 comments
Tags: Taiwan, Electronics, Sharp, Hon Hai

Taiwan electronics manufacturer Hon Hai Precision Industry Co. is taking a 10 percent stake in Japan's struggling Sharp Corp. for about $806 million, in what analysts say is an effort to combat growing competition from Samsung Electronics Co.

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