OSAKA -- Sharp has turned LCD factory operator Sakai Display Products into a wholly owned subsidiary for an estimated 40 billion yen ($296 million), Sharp announced Monday.
Business deals
Sharp regains ownership of key LCD plant for $300m
Stock swap dilutes Foxconn's stake in Sharp to less than 50%
Sharp had sold a majority stake in LCD panel maker Sakai Display Products to an asset manager under Foxconn founder Terry Gou. (Photo by Kento Awashima)
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