TOKYO -- Sharp, the Taiwanese-owned, Japanese electronics maker, on Thursday reported its first net loss in six years due to the poor performance of a display subsidiary that was acquired on instructions from its parent, Hon Hai Precision Industry, known as Foxconn.
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"It's not that Foxconn 'lost interest' in Sharp," one analyst says. "It's more that current Foxconn leadership, with its focus on EVs and semiconductors, never had any. (Photo by Akira Kodaka)
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