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According to the report, due to the sharp fall in Sharp's share price, Hon Hai's capital injection is expected to fall sharply from the original scheduled 66.9 billion yen (about RMB 5.4 billion). Sharp may hope to compensate for the difference by selling Malaysian factories. Sharp has decided to sell its Mexican and Nanjing plants to Hon Hai, and the sale of the two plants will further reduce the number of employees by more than 3,000. Sharp has already announced plans to lay off about 5,000 people.
Since last year, Sharp has experienced a financial crisis. Sharp has chosen to lay off employees around the world and decided to reduce wages for employees. 
Sharp or sell Malaysia factory will lay off 2,000 people again
Recently, Sharp Corporation of Japan has cooperated with Taiwan Hon Hai Industrial Co., Ltd. on the sale of a TV assembly plant in Malaysia, which may involve 2,000 layoffs, which will make Sharp's global layoffs exceed 10,000 this year.