Foxconn to overhaul Sharp management after planned takeover: Yomiuri

Taiwan's Foxconn is planning to overhaul Sharp Corp's management including replacing its CEO after a multi-billion-dollar takeover of the Japanese display maker expected to be announced on Wednesday, the Yomiuri newspaper reported. Foxconn, formally known as Hon Hai Precision Industry Co , is scheduled to select a majority of Sharp board candidates by April 15 but had been expected to leave much of management in place for some time. Foxconn was not immediately available for comment.