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Sharp Shocks Japan; Favors Offer from Foreign Entity

February 10, 2016 by Ted Leave a Comment

Sharp President Takahashi
Sharp President Kozo Takahashi

Sharp Corp., the troubled Japanese manufacturer of LCD panels and TVs, finds themselves in unfamiliar territory – multiple potential parties want to buy them and are bidding the price up. Unfortunately, this situation has emerged as a result of their deepening financial troubles and whatever offer they accept is likely to change the company in fundamental and unknown ways…forever.

But perhaps the biggest surprise of all is that despite political pressure to accept an offer from a Japan government-backed bidder – an outcome that everyone in Japan expected – the company has let it be known that it is favoring a bid from a foreign bidder…Taiwan’s Foxconn.

See why Sharp is defying expectations – and its own government – to potentially sell to a foreign entity… [Read more…] about Sharp Shocks Japan; Favors Offer from Foreign Entity

Filed Under: Asian Connection, Industry Trends, Manufacturers, News, Pivot Point, Strategy Tagged With: Foxconn, Foxconn International Holdings, Foxconn Technology Group, Kozo Takahashi, Sharp, Terry Gou

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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