Taiwan’s Foxconn put its takeover of electronics maker Sharp on hold on Thursday after it said it had received “new material information” from the Japanese company, throwing into doubt what was set to be the biggest takeover by a foreign firm in Japan’s technology sector.
Sharp Corp was founded in 1912 and named after the ‘Ever-Sharp mechanical pencil’ invented by Tokuji Hayakawa, founder of the company. Sharp is a leading electronic group and is one of the world’s biggest television makers.
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