Foxconn Details Sharp Share Split

Foxconn has revealed exactly how its shares of Sharp will be split, following the company’s acquisition. Hon Hai Precision will invest ¥114.4 billion ($1 billion) for a 26.14% share; Foxconn (Far East) Ltd. will invest ¥80.6 billion ($732.4 million) for an 18.4% share; Foxconn Technology Pte. Ltd. will invest ¥56.9 billion ($517 million) for a 13% share; and SIO International Holdings Ltd. will invest ¥37 billion ($336.2 million) for a. 8.45% share. In total, Foxconn will own 66% of Sharp.