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Wednesday, 5 December 2012 - Hon Hai's Gou says talks on investment in Sharp still on: paper |
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See the best of Reuters photography.  See more | Photo caption  Syria's displaced animals A look at animals caught in the crossfire of the Syrian civil war.  Slideshow  Seattle's marijuana experts Voters in Washington state approved an initiative legalizing marijuana. A look inside Canna Pi, a medical marijuana dispensary in Seattle.  Slideshow  Sponsored Links Hon Hai's Gou says talks on investment in Sharp still on: paper Tweet Share this Email Print Related News Qualcomm to invest $120 million in Japan's troubled Sharp Tue, Dec 4 2012 Exclusive: Banks offer to help Sony offload battery unit - sources Tue, Nov 27 2012 Intel, Qualcomm may invest $378 million in Sharp: sources Tue, Nov 13 2012 UPDATE 2-Intel, Qualcomm may invest $378 mln in Sharp-sources Tue, Nov 13 2012 Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Japan » TAIPEI | Wed Dec 5, 2012 5:11am EST TAIPEI (Reuters) - Qualcomm's tie-up with Sharp Corp will not affect Hon Hai Precision's talks with the Japanese firm to become its biggest shareholder and the deadline to reach a decision by next March still stands, a Taiwan newspaper reported on Wednesday, quoting Hon Hai's chairman. Terry Gou, chairman of Hon Hai Precision Industry, a major supplier of parts to Apple Inc, was mentioned by the United Evening News as saying the Taiwan firm's talks to get an up to 9.9 percent stake will not change even though the cash injection from Qualcomm will give the U.S. chipmaker a 5 percent stake in Sharp. Gou reiterated that he expects to reach a decision with Sharp before March 2013, the Chinese-language newspaper reported. Sharp's talks with Hon Hai to renegotiate its investment have stalled in the past few months as the Japanese company's losses have mounted. A Hon Hai executive, when contacted by Reuters on Wednesday, said that the talks are still on and the price Hon Hai will pay Sharp was yet to be agreed on by both companies. (Reporting by Faith Hung; Editing by Muralikumar Anantharaman) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Japan Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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