Sharp Shareholders OK Hon Hai Takeover Deal
Sharp Corp.
Tokyo - QNA
Sharp Corp. shareholders approved a motion Thursday for the company to be purchased by Taiwan's Hon Hai Precision Industry Co., making it the first major Japanese electronics manufacturer to come under foreign ownership.
Hon Hai, better known by its trade name Foxconn, is set to acquire a 66% stake in Sharp for 388.8 billion yen about ($3.7 billion) this month, a move that comes after the century-old Japanese company suffered business losses amid pricing competition with foreign rivals, according to Japan's (Kyodo) News Agency.
"We will accelerate our efforts for revitalization and growth with the strategic alliance with Hon Hai," Sharp President Kozo Takahashi said at the shareholders' meeting in Osaka.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 12:50 2017 Saturday ,11 March
Eliza Dushku opens up about alcoholism, addiction
GMT 14:40 2017 Saturday ,11 March
Manchester City Beat Monaco 5-3
GMT 07:49 2017 Friday ,10 November
Say hello to Telstar 18, the 2018 World Cup ball
GMT 16:54 2018 Thursday ,04 January
Saudi Crown Prince receives Kuwait's First Deputy Premier
GMT 23:56 2017 Tuesday ,04 July
Jordan warns of measure against Israel after shooting of judge
GMT 08:14 2017 Thursday ,14 December
Most fans comfortable with gay players
GMT 17:53 2017 Thursday ,05 October
Argentina, Uruguay and Paraguay confirm 2030 World Cup bid
GMT 16:49 2017 Sunday ,01 October
DP World to start Port Du Futur construction in Senegal
GMT 02:59 2017 Friday ,08 September
US broadcaster CBS to buy Australia's Ten Network
GMT 23:21 2015 Thursday ,04 June
Russia’s post-Soviet security bloc allies back up proposal on army snap checks
GMT 17:43 2017 Saturday ,04 November
Defending champion Feng leads LPGA Japan Classic
GMT 11:47 2017 Tuesday ,10 October
Nobel winning anti-nuclear group urges Trump
GMT 03:15 2017 Tuesday ,18 April
South Korea finds remains of at least one victim of ferry disaster near vessel
GMT 11:58 2017 Tuesday ,11 April
Footballer donate for the Coptic victims’ families
GMT 01:26 2017 Tuesday ,06 June
Shoukry receives Algerian counterpart to discuss Libyan crisis
GMT 06:18 2017 Monday ,06 March
Atop Palmyra's damaged theatre, Syrian musicians sing of return
GMT 08:23 2017 Tuesday ,25 July
Yahia Al-Fakhrany prepares new work for children
GMT 22:51 2017 Wednesday ,20 September
Former Greek Prime Minister Constantine Mitsotakis dies aged 98
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor