Sharp President Otiano Longs denies Hon Hai will increase its stake

Tencent Telecom (Canton) Beijing Time June 27 news, according to foreign media reports, sharp company 26th in Osaka International Conference Center convened a shareholder meeting. President Otiano Longs on Taiwan's Hon Hai Precision Industry Group to Sharp equity 9.9%: "No consideration to accept more shares and staff dispatch." "It is reported that Hon Hai has raised the hope to increase the shareholding ratio." Chairman of the film Katayama at the beginning of the meeting in the 2011 fiscal year, the company net loss of 376 billion yen (about 30 billion yuan) a record, on the share price downturn to all shareholders apologized. Aotian on the March decision to carry out capital business cooperation with Hon Hai, saying that the joint operation of the Sakaisuji plant, which manufactures large LCD panels, would help to achieve stable production of the plant and would use the cost competitiveness of Hon Hai to deliver sharp-branded goods to the world. Shareholders demanded a rise in share prices, and some questioned whether co-operation with Hon Hai would result in Sharp's loss of technology.