Investigation of Successful International Mergers and Acquisitions and Business Strategies - A Case Study of Foxconn's Acquiring Sharp's 10th Generation Display Factory / 國際併購動機與企業經營策略之成功因素探討-以鴻海投資併購夏普十代廠為例

碩士 / 國立成功大學 / 高階管理碩士在職專班(EMBA) / 101 / Foxconn Technology Group is the most important international enterprise in Taiwan. In March 2012, it invested more than 800 million U.S. dollars to acquire Sharp Corporation (Japan) LCD factory in Sakai city. It is a shocking investment news worldwide. The international Merges & Acquisition (M&A) is one of necessary strategies for an enterprise sustainable operation. In this case, Foxconn Group’s M&A case with Sharp Corporation Display Factory is an important case for Foxconn Group’s overall strategy to change their original OEM business model.
After study, some key successful factors were found as following,
1. The motivation and benefits for M&A: Both sides had the minimum achievement.
2. From the perspective of effect to “internal integration”, the organizational and national culture difference causes the difficulty of the internal culture integration. As for organization management, the results of two acquisitions are manufacturing units, so the run-in period after the M&A is short and easier to reach organizational goals. As for the brand integration, since brand management is not Foxconn Group’s main business focus. On the other hand, overseas market is not main operating areas of Sharp mobile phone. Thus, brand integration is not an issue. As for the financial management, no much information is available since the formal result is not official confirmed yet.
3. From the perspective of effect for external environment, M&A of this case impacts operating performance of Foxconn. As for the threat of new entrants and the threat of substitutes, Foxconn Group obtains large-panel production capacity and cutting technology together with the original Innolux relevant competitive advantage. In the absence of a breakthrough development in other companies, Foxconn does not have such threat. As for bargaining power of suppliers, after the M&A, Foxconn Group has various types of panel internal suppliers, so it has the best price advantage. Bargaining power of buyers, the case does not involve the acquisition of end consumers recommendations, therefore such a correlation analysis is available. As for the strength of interbank rivalry, Foxconn Group not only to fill in a large panel manufacturing capacity and technology gap with M&A, but strengthened the competitive advantage.

Identiferoai:union.ndltd.org:TW/101NCKU5457066
Date January 2013
CreatorsYu-LunTsai, 蔡育倫
ContributorsHsuan-Chu Lin, 林軒竹
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format53

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