Japanese tech major Sharp Corp. and Taiwanese firm Hon Hai Precision Industry Co. plan to confirm publicly that their investment deal remains in place, in an effort to calm the market anxiety, the Nikkei said in an unsourced report Wednesday. Sharp's shares have sold down heavily since it reported a widening loss earlier this month, and Hon Hai indicated Friday that it was seeking to renegotiate its investment in Sharp, made back in March when the shares were substantially higher. Concern over the fate of the deal hit Sharp's share-price further, as the deal is seen as crucial to the Japanese company. The announcement that the Sharp-Hon Hai deal will continue could come as early as this week, the report said, but the firms aren't expected to mention any revision of terms.
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