Foxconn asks Apple to join bid to buy Sharp's LCD ops: report

Tokyo

TAIWAN electronics giant Foxconn has proposed taking over troubled Japanese behemoth Sharp's display business, the Nikkei business daily reported on Monday, and has urged Apple to join the deal.

Under the new proposal, Foxconn - an Apple supplier - would take a majority stake in Sharp's liquid crystal display company, the report said. The company has also urged Apple to make an investment as part of the proposed deal, the report adds.