Foxconn working to sweeten deal for Sharp - deal helps with iPhone manufacture?

Some may disagree, but I see the Foxconn news as all good. 

It's possible to contort the story into something negative, but very difficult. 

There's more at the source.

Foxconn seeks investment from SoftBank to boost bid

OSAKA -- Taiwan's Hon Hai Precision Industry reportedly has sounded out SoftBank Group about joining its bid to acquire Sharp, aiming to sweeten the deal by bringing in a Japanese partner and a major buyer of the troubled manufacturer's mainstay smartphones.

     Hon Hai, the contract electronics manufacturer also known as Foxconn, plans to hold a controlling interest in Sharp, with SoftBank seen taking a roughly 10-20% stake. Having SoftBank CEO Masayoshi Son himself buy into Sharp directly is likely on the table as well. Foxconn hopes that having the telecom company on board would boost Sharp's smartphone sales, contributing to its recovery.

Asia Nikkei


....and from aTechnj

"Financially strapped electronics giant Sharp Electronics Corporation is attempting to finalize a buyout/takeover from Japan’s Foxconn. This deal would potentially help Foxconn with the manufacturing of the Apple iPhone. Since Foxconn is Apples largest assembler of the iPhone and Sharp Electronics manufactures the glass this deal could benefit both parties."