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Chief executive of Japan’s Sharp to step down, become chairman in April – Metro US

Chief executive of Japan’s Sharp to step down, become chairman in April

Logo of Sharp Corp is pictured at CEATEC JAPAN 2016
Logo of Sharp Corp is pictured at CEATEC JAPAN 2016 in Chiba

TOKYO (Reuters) – Sharp Corp’s chief executive, Tai Jeng-wu, will step down on April 1 to become chairman, the Japanese electronics maker said on Friday, after a turnaround that saw Taiwan’s Hon Hai Precision Industry Co Ltd buy the firm in 2016.

The new chief executive will be Po-Hsuan Wu, a former Hon Hai employee now in charge of Sharp’s overseas product business.

(Reporting by Makiko Yamazaki; Editing by Clarence Fernandez)