As SHENZHEN ECONOMIC DAILY reports, Foxconn, global 3C OEM Kingdom, will bid over 40 billion RMB to buy Sharp. From now Foxconn will enter the rank of LED screen production. Thereby Foxconn plan to increase her brand value and competitiveness, and bring multiple business.
But according to the latest news on Feb 27, 2016, Foxconn announced to suspend to sign the final agreement of buying Sharp.