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Discussion on Article:
Sharp Set to Sell TV Factories to Foxconn for $667 Million – Report.

Started by: OmegaHuman | Date 12/06/12 01:17:12 PM
Comments: 1 | Last Comment:  12/06/12 01:17:12 PM

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I dont know where you pulling out these kind of stories but this sounds weird
Sharp, which market capitalization has decreased by three times this year, is expected to lose ¥450 billion ($5.7 billion)

For about ¥55 billion (approximately $667 million), Foxconn will acquire television factories in Mexico, China and Malaysia

Intel and Qualcomm were in talks to invest around ¥30 billion ($378 million) into Sharp.


So Sharp operates with billions of USD but still they decide to sell out whole facilities for 13% of its fiscal loss to save themselves?

I'd say you need to get your numbers straight.
0 0 [Posted by: OmegaHuman  | Date: 12/06/12 01:17:12 PM]
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