The Taiwanese company Foxconn has agreed to acquire Japanese counterpart Sharp after he succeeded in reducing the price offered, the culmination of months of this controversy which showed further doubt on whether the two companies can work together well and fend off fierce competition from rivals
Under the deal, you will pay Foxconn, which was formerly known as the "Hon Hai Precision Industrie" Hon Hai Precision Industry, about 3.5 billion US dollars to buy a two-thirds share, and this amount is less than $ 900 million from the initial offer.
The agreement is the largest acquisition by a foreign company on the Japanese Japanese technology company and the end of independence for the 100 year-old company, which began as a maker of buckles belts and mechanical pencils
It also gives one of the largest electronics companies in the world the ability to display advanced screens own mustache does not already own and control will help to strengthen pricing power with one of the largest customers, namely Apple.
The companies said in a statement that Foxconn will pay 88 yen per share of the shares of Sharp
Reuters quoted a source said that familiar with the matter that the Taiwanese company agreed to pay all the 200 billion yen (US $ 1.7) of preferred stock owned by two of the main creditor banks to Sharp.
Analysts believe that this acquisition will happen Anatefa in the prices of liquid crystal displays, or LCD would beat its competitors in the new screens "Auld" OLED which is expected to Taatpinha Apple in the next versions of the iPhone smart phone technology
Analysts also believe that the two Samsung and LG will remain for some time, the preferred option for the screens "diode light emitting" OLED characterized as being thinner and lighter, and more flexible than other screens
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