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Sharp to have co-CEOs following Hon Hai-led turnaround

Sharp makes TSE first tier comeback, expects to return to profit this year

Sharp President Tai Jeng-wu rings the bell during a ceremony at the Tokyo Stock Exchange on Dec. 7. (Photo by Kosaku Mimura)

TOKYO -- Japanese electronics maker Sharp will have co-CEOs following the company's successful return to the Tokyo Stock Exchange's first section on Thursday -- potentially opening the door for a Japanese executive to work alongside current President Tai Jeng-wu.

Tai, who was brought in from Taiwanese parent company Hon Hai Precision Industry, better known as Foxconn, had previously expressed a desire to step down once the company was back in the TSE first section.

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