Sharp Repurchases Offices


Sharp sold some of its premises in 2015 when business took a downturn. However, Foxconn chairman Terry Guo and Sharp president Dai Cheng-wu have made good on their promise to buy back the old buildings by purchasing one office block it used to own, opposite its old HQ, at a cost of ¥13.9 billion ($138 million). The high technology and new business development departments will now be housed in the repurchased building.