Foxconn Seals the Deal With Sharp

Sharp is facing significant financial challenges, having incurred substantial losses over recent years. Terry Gore has agreed to acquire Sharp for $3.5 billion, despite discovering liabilities late in the deal. Sharp's strategic missteps, such as focusing on large panel displays, have exacerbated its struggles against competitors like Samsung. Terra Gore plans to invest in technology and maintain Sharp's workforce and independence. Sharp aims to enhance its position in the small and midsized screen market and potentially become a key supplier for Apple. The company must navigate a competitive landscape to regain stability.

What was one of the strategic errors made by Sharp that contributed to its financial difficulties?

• Pushing into large panel displays

• Reducing workforce size

• Focusing on smartphone technology

• Investing in small panel displays

What promise did Terry Gore make regarding Sharp's workforce?

• To automate the workforce

• To increase the workforce by 20%

• To not lose too much of its workforce

• To outsource the workforce

How much is Terry Gore planning to invest in improving Sharp's technology for smaller and midsized screens?

• $10 billion

• $9 million

• $3.5 billion

• $1.8 billion

Which company is the leading competitor in the small and midsized screen market?

• LG Display

• Japan Display

• Sharp

• Samsung Display

What potential opportunity could help boost Sharp's viability according to the discussion?

• Becoming a key supplier for Apple

• Entering the automotive market

• Partnering with Google

• Expanding into home appliances