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Hon Hai looks to buy Sharp's LCD business

  • Taiwan's Hon Hai Precision Industry (OTCPK:HNHAF) is offering to buy Sharp's (OTCPK:SHCAY) struggling liquid panel display business and plans to seek funding from Apple (a key Sharp customer), the Nikkei reports.
  • Tie-up talks between the two firms fell through in 2012 after the Japanese company balked at demands that would have given Hon Hai "too much control."
  • Previously: Sharp weighs selling LCD business (Aug. 28 2015)

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