Foxconn Chief Executive Officer Terry Gou is in Osaka to meet executives of Japan's Sharp Corp <6753.T> balenciaga speed trainer red , a Sharp spokesman said, one day after the struggling electronics maker said it was focusing on the Taiwan firm's takeover bid over a rival offer from a Japanese state-backed fund.
Shares in Osaka-based Sharp soared 10 percent in early morning trade, bringing two-day gains to 29 percent.
Gou plans to brief the media in Osaka at 0600 GMT (3.00 p.m. Japan time), the Sharp spokesman said.
Foxconn, known formally as Hon Hai Precision Industry Co (2317.TW), has offered to invest around 659 billion yen ($5.6 billion) in the struggling Japanese electronics maker Sharp Corp womens balenciaga speed trainer olive , people familiar with the matter said.
One person said Sharp's board had voted 13-0 to negotiate with Foxconn instead of the state-backed Japanese fund, the Innovation Network Corp of Japan.
The people declined to be identified as they were not authorised to speak publicly on the matter.
The Sharp spokesman declined to comment further. Foxconn declined to comment.
A takeover by Foxconn, which assembles various electronics products such as smartphones and television sets for Apple, Sony Corp <6758.T> and many other major international companies, would vastly expand sales channels for Sharp's liquid crystal display (LCD) panels.
While a generous Foxconn offer had been flagged, many investors in Japan were surprised to see an overseas firm gain the upper hand over a state fund.
The decision comes after months of uncertainty over the fate of the company balenciaga speed trainer olive , whose display panel business has continued to suffer massive losses despite two major bailouts by its banks in the last four years.
CANBERRA, Dec. 21 (Xinhua) -- Australian Prime Minister Tony Abbott announced on Sunday a major cabinet reshuffle which sees the leaving of Defense Minister David Johnston and the second woman in the frontbench.
Johnston stepped down as defense minister, being replaced by Kevin Andrews, the incumbent minister for social services and one of the most experienced ministers in the government.
The Australian Broadcasting Corporation (ABC) commented that Senator Johnston's exit has been widely expected and comes after a series of gaffes and missteps, including the assertion that he wouldn't trust the Australian Submarine Corporation to build a canoe, after losing a chief of staff and then two more senior advisers.
"I record my gratitude to Senator the Hon David Johnston who will stand down as minister for defense. Senator Johnston has done a fine job in restoring investment in the Australian Defence Force after six years of neglect and has effectively managed the deployment of Australian Defence Force personnel to Europe and Iraq womens balenciaga speed trainer white ," Abbott said in a statement on Sunday.
Minister for Immigration and Border Protection Scott Morrison will fill in the position left by Andrews, becoming what the Australian Financial Review called one of the "salesmen of the government's economic and budget policies."
Morrison will be given portfolios including welfare, family support, seniors, aged care, the National Disability Insurance Scheme and childcare.
"Importantly balenciaga speed trainer white , Mr. Morrison will have carriage of the families package the government will release next year to help ease the cost of living for Australian families by improving the affordability and accessibility of childcare," Abbott said.
Morrison will join the Expenditure Review Committee of Cabinet, replacing Minister for Health Peter Dutton. Dutton, a former police detective, will then become minister for immigration and border protection and join the National Security Committee of Cabinet.
Sussan Ley will be promoted into Cabinet and become the minister for health and the minister for sport, becoming the second woman in the frontbench after Foreign Minister Julie Bishop.
Victorian rising star Josh Frydenberg will replace Arthur Sinodinos as assistant treasurer following the latter's resignation.
"As my parliamentary secretary balenciaga speed trainer black sale , Mr. Frydenberg has delivered around 2 billion AU dollar (1.62 billion U.S. dollars) in red tape reduction in just one year. He will be an important part of 2015 budget preparations and will join the Expenditure Review Committee of Cabinet," Abbott said.
The education portfolio will take on the added responsibility of skills and training so Christopher Pyne will become minister for education and training. The industry portfolio will take on science so Ian Macfarlane will assume the title of minister for industry and science.
The swearing in of the new ministry will take place on Dec. 23, 2014.
SANTIAGO, Feb. 27 (Xinhua) -- UN Secretary-General Ban Ki-moon lamented here on Friday the "slow and unequal" rise of women in global politics at a high-level conference.
"There are many more women in the global political arena, but progress is very slow and unequal," Ban said at the UN Entity for Gender Equality and the Empowerment of Women (UN Women).
The conference womens balenciaga speed trainer black , due to be concluded on Saturday, aims to find ways to speed up progress on the goals defined 10 years ago at the 1995 World Conference on Women.
On average, women represent only one-fifth of lawmakers, and out of more than 190 countries, only 20 have women heads of state, he said.
Governments must do what they can to help women break through the glass ceiling that blocks their access to decision-making posts balenciaga speed trainer black , whether within the UN organizations, governments or the private sectors, he said.
"When women lead, we all benefit. We see it here. Under President Michelle Bachelet, Chile has promoted initiatives for the participation of women in politics," Ban said.
Latin America has made headway balenciaga speed trainer womens sale , Ban noted, with one out of four lawmakers in the region in 2014 being a woman, double the number in 1995, and six of the region's heads of state being women.