Sharp's full-year loss shrinks 90% after Hon Hai deal

What did Foxconn do that Sharp couldn't accomplish? Cost cutting and structural reforms but what costs were cut and how was the structure reformed?

Did they just fire all middle to upper management, tie bonuses to achievement and not age? What?

What did Foxconn do that Sharp couldn't accomplish?

Foxconn eliminated Sharp's business model and corporate culture, which is stuck back in 1983.

Foxconn is a recent company, using recent ideas and innovations, and to whom efficiency is a paramount ideal. In Japan there are no new ways of doing business, technical innovations are of no use if they cannot be produced and marketed efficiently. Japanese companies are terribly inefficient, with long chains-of-command. Ideas take forever to reach the level where they can be exploited, decisions are never made at the middle or lower levels, but only at the top, by walking fossils who were old enough to drive when Kennedy was president.

Japanese companies are terribly inefficient, with long chains-of-command. Ideas take forever

decisions are never made at the middle or lower levels

In Japan there are no new ways of doing business

So many sweeping statements with no basis, so many experts here. Yet you missed the real reason. Predictably, they cut costs as vultures do when they buy a company. It's not because they have "recent ideas and innovations" as you might have us believe.

Sharp seriously need to pull a rabbit out of a hat. Product-wise, I made the mistake of buying 2 of their TV sets at the time we were all being moved over to Digital - I chose them, simply because they had an English Setup menu...the rest of the TVs themselves turned out to be rubbish, didnt live up the expectations sold to us at the Store. I for one, wont be missing them if they simply disappear.

It is always very easy to just talk negative abt a company. I wondered if anyone here on this page have paid good money to help Sharp before it was sold.