Foxconn Said to Offer About $5.1 Billion for Japan’s Sharp

  • Result of offer, rejected or accepted, may come by end January
  • Japan's INCJ also reported to be interested in Sharp deal

An employee uses a remote control as he inspects a Sharp Aquos LCD television. Foxconn has offered about $5.1 billion to buy Japan’s Sharp Corp.

Photographer: Tomohiro Ohsumi/Bloomberg

Foxconn Technology Group has offered about 600 billion yen ($5.1 billion) to buy struggling Japanese electronics maker Sharp Corp., according to a person familiar with the talks, in what could mark the largest acquisition since 2009 for the assembler of Apple Inc.’s iPhones.

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