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Red faces, raised voices over late hitch in Foxconn's Sharp deal

Missteps in communication ratchet up tensions, upsetting Taiwan group's boss and causing embarrassment at Sharp

Published Tue, Mar 1, 2016 · 09:50 PM

Taipei

A LATE hitch to Foxconn's takeover of Japan's struggling Sharp Corp brought simmering distrust between the two close to boiling point, people with direct knowledge of the matter said.

The two firms have eyed each other warily since Foxconn founder and billionaire Terry Gou pulled out of a planned capital tie-up and strategic partnership with Sharp in 2012.

Missteps in communication last week, when Sharp's board met and announced …

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