It is reported that Sharp will hold high-level leadership talks with Hon Hai Precision Industry of Taiwan this week. At that time, Sharp Corporation President Oda Takashi will go to Taiwan to meet with Guo Taiming and hold talks.

Currently, the two sides are negotiating on a specific agenda. It is said that the two sides will make final agreement on the revision of the cooperation agreement reached in March and the amount of Hon Hai’s capital contribution and the number of additional layoffs of Sharp.

Therefore, the renegotiation of the two companies will usher in key results. It is reported that according to the original plan, on August 30, President Okuda will hold talks with Guo Taiming who accompanied Japan’s financial delegation to visit Japan. However, Guo Taiming suddenly canceled the talks and decided to return to China in advance and leave Japan on the same day. As a result, the two parties had hoped that the goal of finalizing the agreement in August would be shattered.

Earlier, the two sides reached an agreement on Hon Hai’s contribution to Sharp’s initial investment of 9.9%. But this time, Vice President Dai Zhengwu said in an interview with Guo Taiming in Japan that the current negotiations have not reached the final stage. Although Hon Hai will acquire Sharp's shares in terms of capital contribution, negotiations on price are currently progressing.

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