On April 2, Sharp was acquired by Taiwan-based Foxconn Technology Group.

ANBOUND's research team is of the view that Sharp was put on the spot mainly by its faulty operational mechanism and its failure to bring innovation to market.

However, Sharp was brave enough to bring in transnational capital and this provides China with a new direction and a new idea on how to reform its central enterprises, China could consider bringing in global transnational capital to save the central enterprises by improving their operations and governance and enhancing their competitiveness and development in the international market.