A couple of months ago we were talking about Foxconn's interest in Sharp. The first negotiations began with the Japanese firm asking for just over $ 6.000 billion, but finally the Chinese firm paid just over $ 3.000 billion. Since the purchase of the company, the person in charge of assembling most of the devices of the Cupertino-based company, began to remodel both the facilities and the internal workings of the company to be able to start up the new facilities sooner rather than later. to be able to start the manufacture of current LCD screens and future OLED screens that Apple plans to implement in the next few years.
The China-based company just announced that 12 of the 13 members of Sharp's board of directors will leave the company next June. The first of all has been the CEO of the company so far, Kozo Takahashi, according to The Wall Street Jorunal newspaper. According to this newspaper, the directors of the company have been most responsible for the fact that the company had announced losses of 2.300 billion dollars, figures much higher than those originally announced by the company.
Sharp in recent years has been one of the companies that the Cupertino-based company has trusted for the manufacture of the screens of your iPhone, iPad and iPod Touch, but the reduction in sales of both devices seems to have put the company in a bind, which relied too heavily on its almost exclusive contract with Apple. Now under the hands of Foxconn, the new board of directors wants to try to revive the business of manufacturing screens for mobile devices, adapting its facilities to be able to manufacture sooner rather than later the new screens with OLED technology that Apple plans to use in a Couple of years.