CHINA TOPIX

Japan's Sharp Corp. Gives Green Light to Taiwan's Foxconn Acquisition

Charissa Echavez   |

Jun 24, 2016 03:03 PM EDT

Japan's electronics giant Sharp Corp. became the first electronics manufacturer to be under foreign ownership after shareholders of the company gave a green light at a meeting in Osaka on Thursday to be taken over by Taiwan's Hon Hai Precision Industry Corp.