TOKYO/TAIPEI: A late hitch to Foxconn's takeover of Japan's struggling Sharp Corp brought simmering distrust between the two close to boiling point, people with direct knowledge of the matter said.
The two companies have eyed each other warily since Foxconn founder and billionaire Terry Gou pulled out of a planned capital tie-up and strategic partnership with Sharp in 2012.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!