- Foxconn (OTC:FXCOF) says it will not sell Sharp's (OTCPK:SHCAY) solar power unit, amid concerns from business partners over a possible closure of the struggling division.
- "We want to let you know that we are totally committed to this business," the company said in a letter.
- Foxconn plans to seal a $3.5B deal by the end of June that would give it a two-thirds stake in Sharp.
Foxconn won't sell Sharp's solar power business
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Foxconn Technology Co., Ltd. |