Sharp to be acquired by Hon Hai
Restructuring under the umbrella of Hon Hai
February 4, 2016, Tokyo, Japan - President Kozo Takahashi of Sharp Corp. speaks as it releases its third-quarter earnings in Tokyo on Thursday, February 4, 2016. The Osaka-based company posted a net loss of $918 million, bigger-than-expected shortfall for the April-to-December period. However, shares of the financially troubled electronics manufacturer surged about 26% ahead of its earnings release on reports it has entered into exclusive takeover talks with Taiwan's iPhone assembler Foxconn. (Photo by Natsuki Sakai/AFLO) AYF -mis-