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|The logo of Foxconn David Njoku Jersey , the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in Tucheng, New Taipei city Jabrill Peppers Jersey , December 24, 2013. Taiwan's Foxconn is aiming to finalise a deal to acquire Japan's Sharp Corp by the end of the month, after the two firms reached a consensus on most points Myles Garrett Vapor Untouchable Jersey , Foxconn Chief Executive Officer Terry Gou said.
Foxconn, known formally as Hon Hai Precision Industry Co, has been given preferred negotiating rights and most remaining issues to be resolved were legal and regulatory Jim Brown Vapor Untouchable Jersey , Gou said after meeting with executives of the struggling electronics maker on Friday.
The Apple Inc supplier has offered to invest around 659 billion yen ($5.6 billion) in Sharp, sources familiar with the matter have said - which would make it Foxconn's biggest deal to date and the largest acquisition by a foreign company in Japan's insulated tech sector.
"We have a consensus," Gou told reporters. "The rest is a process ... I don't see a problem completing this process."
The meeting with Sharp executives came one day after Sharp's board decided to focus on Foxconn's offer over a rival bid from a Japanese state-backed fund.
While many investors have faith in Gou's business acumen Myles Garrett Limited Jersey , noting he has built up the world's biggest contract maker of electronic gadgets from scratch, buying Sharp is seen as carrying as many, or more Jim Brown Limited Jersey , risks than potential benefits.
A deal would give Foxconn access to the Japanese display maker's cutting-edge technology at a time when clients such as Apple are likely looking ahead to more advanced flexible screens.
However, key concerns include slowing global sales for smartphones as well as fierce competition from South Korea and Chinese rivals that have hammered demand for Sharp's liquid crystal displays and hindered it from making a recovery despite two major bank-led bailouts in the last four years.
The macro environment is not so great," said Vincent Chen Myles Garrett Browns Jersey , head of regional research with Yuanta Research in Taipei. "Terry is very calculating. He has guts, but I really think there is still a big risk."
Foxconn is also seen by some as overpaying for a loss-making company with the acquisition likely to weigh heavily on its balance sheet.
"Foxconn's offer is expensive, which shows how desperately the company wants Sharp's technology Jim Brown Browns Jersey ," said Takatoshi Itoshima, chief portfolio manager at Commons Asset Management.
Japan-based sources familiar with the matter have also said there was still some wariness among Sharp and its creditors towards Gou after a 2012 agreement to form a strategic alliance and capital ties broke down.
But Sharp CEO Kozo Takahashi stressed on Thursday that Sharp and Foxconn had since forged a good relationship through the joint management of a plant in Japan.
Shares in Sharp soared to end 10 percent higher on Friday on the news that Gou had flown in to meet Sharp executives, bringing two-day gains to 28 percent and giving it a market value of $2.6 billion.
($1 = 116.85 yen)
BEIJING， Nov. 24 (Xinhuanet) -- The launching ceremony of the prize-giving solicitation of logo for the “World Philanthropy Forum” was held in Beijing， Tuesday.
Sponsored by the Chinese People’s Association for Friendship with Foreign Countries and Tsinghua University， and organized by Xinhuanet and Institute for Philanthropy Tsinghua University， this event aims to expand the global participation in philanthropic affairs and achieve global consensus.
This event is open to charity colleagues and professionals at home and abroad， especially famous universities， advertising companies， design companies， cultural and creative companies and individuals.
Lasting from Nov. 22， 2016 to early Feb in 2017， this activity is divided into three parts: extensive solicitation， initial evaluation and final evaluation of shortlisted works.
The entries will be published and promoted via such channels as Xinhuanet， Xinhua News APP， and Xinhua Charity WeChat Account， and the topic is put up on Xinhua social networking platform for interactive discussion.
The final solicitation program is jointly decided through the voting by Internet users and expert review.
The Winner of this award will receive a prize of 10，000 U.S. dollars (an equivalent of RMB 68，000) and a certificate. The finalists will receive relevant certificates and souvenirs. Internet users participating in the selection using real names and charitable organizations will receive souvenirs bearing the logo of the World Philanthropy Forum and have the opportunity to participate in the “World Charity Forum.”
Contact details for logo solicitation:
Institute for Philanthropy Tsinghua University (IPTU)
Contact : Guo Pan
Email address for submissions : logo@@worldphilanthropyforum.org
Prize-giving Solicitation Requirements:
1. The LOGO should consist of patterns and characters. The design should be creative， elegant and simple. The characters should reflect the goals of the WPF and should encompass the two major elements of “the world” and “philanthropy”;
2. The LOGO should be easy to identify， and any typeface for both Chinese and English characters is acceptable.
3. The LOGO plan should be submitted together with a brief and concise designing explanation;
4. The LOGO plan should include the source file of vector graphics， the typeface and specific usage plans under different circumstances
5. The LOGO design should be absolutely original， and the person who submits their plan should have legal， complete， full， and exclusive copyright on the plan.
6. The LOGO plan shall not infringe upon the copyright， trademark rights， exclusive rights and other rights of others. Any infringement of the above rights will lead to immediate cancellation of the plan. All legal disputes arising out of this s.