You are here

Sharp CEO Tai says to step down once stock returns to TSE first section

Monday, December 5, 2016 - 10:40

sharp.jpg
Sharp Corp CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo Stock Exchange.

[TOKYO] Sharp Corp CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo Stock Exchange.

Mr Tai, vice-chairman of Foxconn, became president of Sharp in August after the Taiwan company, formally known as Hon Hai Precision Industry, took control of the Japanese firm.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom