Hon Hai CEO says Sharp to decide on investment within week

[TAIPEI] Taiwan's Hon Hai Precision Industry Co is confident of its offer for Sharp Corp and expects the Japanese tech firm to come to a decision on the issue within the week, Hon Hai Chief Executive Terry Gou said on Sunday.

Gou, speaking to reporters at a company event, said he presented Hon Hai's offer to Sharp's board on Saturday.

He said Hon Hai was not out to destroy Sharp.

REUTERS