Sharp, Foxconn CEOs plan to meet Friday in China: source

Sharp, Foxconn CEOs plan to meet Friday in China: source

© KYODO Kyodo / Reuters

The meeting comes a day after the Taiwanese company, known formally as Hon Hai Precision Industry Co , put a deal to take over the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible for the 11th hour delay.

The person spoke on the condition of anonymity due to the sensitivity of the matter.

Sharp declined to comment.

(Reporting by J.R. Wu; Editing by Edwina Gibbs)

TOP READS FROM THE FISCAL TIMES