Quoted from page Reuters on Thursday (31/03/2016), Foxconn agreed on payment of US $ 3.5 billion, or around Rp 46 trillion for two-thirds of the stock of Sharp.
This number includes cutting $ 900 million or Rp 11 trillion, following a liabiltas Sharp who still have not met before.
Acquisition said to be the largest acquisition insular Japanese industrial firms by foreign companies. Not only that, the acquisition also put an end to lunge Sharp as a company that has 100 years of existence.
This acquisition will provide opportunities to master the technology Foxconn screen made by Sharp. In addition, some analysts expect this acquisition Foxconn can improve its bargaining position with Apple as a major client.
Foxconn is also called has agreed to acquire all of the shares owned by Sharp two main creditor banks worth US $ 1.7 billion, or around Rp 22 trillion. In fact, there is the possibility of the value of the shares will be added next year.
In addition, Sharp said that Foxconn can choose a majority of the board of directors. However, information from anonymous sources said Foxconn president Terry Gou will not change Sharp executives, including dismissing the employee.
For information, Foxconn itself is known to have long targeted Sharp. Gou revealed setidaasnya take up to four years, until Sharp really want to accept the offer of the Taiwanese company.
Meanwhile, in recent years amid Sharp are in good condition. The company continues to suffer losses. To that end, in conjunction with this acquisition, Gou promised to inject fresh funds for the company.
Not only that, through this acquisition, Foxconn reportedly wants to strengthen its business in the field of Sharp smartphone screen. The company aims to be one of the major players in the field of OLED display, which is still dominated by Samsung. [tekno.liputan6.com]
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