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 01:50 2016 Friday ,29 April
Pentagon working to 'take out' Islamic State's Internet
GMT 23:27 2017 Thursday ,27 July
Indonesia gelar ASEAN Night di Doha
GMT 18:18 2017 Tuesday ,10 October
Hollywood mogul Weinstein accused of rape
GMT 12:26 2017 Monday ,06 February
Be smart by designing your kitchen with multi-functional cabinet
GMT 05:12 2017 Sunday ,17 December
Judiciary not under pressure or taking dictation: CJP
GMT 13:29 2017 Tuesday ,12 September
Yemeni authorities dissolve terrorist cell in Naham
GMT 10:26 2017 Monday ,28 August
Vatican expresses solidarity with Muslim minority
GMT 23:59 2017 Friday ,21 April
Israel strikes Syrian military positions after Golan motar shells
GMT 02:52 2017 Thursday ,06 July
N. Korea rolls out 900 new tanks in last 7 years
GMT 04:01 2017 Sunday ,02 July
Lions flanker O'Brien cited for 'red card' hit
GMT 08:49 2017 Friday ,01 September
Israel supreme court warns government
GMT 22:06 2017 Saturday ,07 October
Police say London crash not related to terrorism
GMT 09:16 2017 Thursday ,26 October
Wael Jassar participates in concerts in Cairo
GMT 21:17 2017 Saturday ,10 June
'Air Cocaine' smuggler transferred to France
GMT 18:33 2017 Tuesday ,19 September
Booming 'super' league culture makes India's sports
GMT 09:10 2018 Sunday ,09 December
Canada’s detention of Huawei exec ‘vile in nature’
GMT 14:54 2018 Wednesday ,24 October
Moscow’s initiative to extend New START deal
GMT 19:53 2018 Wednesday ,17 October
Facebook makes reality TV its new weapon for web supremacy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor