Foxconn board approves purchase of controlling stake in Sharp for $2.6 billion Wednesday Mar 30, 2016 at 12:01 AM Mar 30, 2016 at 8:15 AM TAIPEI, Taiwan (AP) - Foxconn board approves purchase of controlling stake in Sharp for $2.6 billion. TAIPEI, Taiwan (AP) — Foxconn board approves purchase of controlling stake in Sharp for $2.6 billion.