Japan's Sharp And Taiwan's Hon Hai In Talks About LCD Alliance: Sources

TOKYO -- Japan's Sharp Corp. is in talks with Taiwan's Hon Hai Precision Industry Co. Ltd. for a tie-up in its struggling flat-panel display business, according to two sources familiar with the discussion. Under the proposed plan, Sharp would spin off the display business into a separate unit ahead of investment by Hon Hai and possible cash injections by other entities, including the state-directed Innovation Network Corporation of Japan, the sources said.