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Foxconn to install Japanese chief at Sharp for smooth transition

Foxconn Chairman Terry Gou speaks to the Nikkei Asian Review in Taipei on April 5.

TAIPEI -- Foxconn Technology Group plans to bring in a Japanese chief executive to maintain management stability at Sharp, Terry Gou, chairman of the key iPhone assembler, told the Nikkei Asian Review on Tuesday.

     Gou's statement came amid widespread speculation that he may want to replace Sharp President Kozo Takahashi and other senior executives with his own team after Foxconn, or Hon Hai Precision Industry, sealed a $3.5 billion acquisition deal with the embattled Japanese electronics conglomerate Saturday.

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