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Sharp CEO Tai steps down after 6-year turnaround under Foxconn

New boss Wu tasked with boosting growth and deciding fate of LCD unit

Tai Jeng-wu will leave the CEO post at Sharp at the end of March but stay on as chairman. (Photo by Wataru Ito)

OSAKA -- Sharp CEO Tai Jeng-Wu, the cost-cutting leader picked by Foxconn founder Terry Gou in 2016 to get the Japanese electronics maker back on its feet, will leave his post at the end of March.

The reins will be handed to 44-year-old executive managing officer Robert Wu Po-Hsuan, head of Sharp's global brand products division, who will also serve as deputy chairman, according to an announcement Friday. Tai, 70, will stay on as chairman.

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