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Business

Do not underestimate the Samsung factor

OSAKA --  After five long, hard years of preparations, the decision of Hon Hai Precision Industry, better known as Foxconn Technology Group, to take over Sharp is now being referred to as a dream come true for Hon Hai Chairman "Terry" Gou.

     When negotiations began, Samsung Electronics, the world leader in digital appliances, was seen as the main suitor vying for Sharp's affections, but the course of true love never did run smooth. The leading South Korean and Taiwanese manufacturers have since tried all manner of tactics to try and win over Sharp.

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