Signing out of account, Standby...
The Taiwan-based firm's new Wisconsin manufacturing facility will initially create 3,000 jobs.
'I'm not going to sugar-coat the challenges. But I have a clear roadmap in my heart,' the Foxconn chief said of the acquisition.
Foxconn cut its initial offer by nearly $900 million following the emergence of previously undisclosed liabilities at Sharp.
Loss-making Sharp said earlier in the day that it had agreed to be bought by the contract manufacturing firm.
The once-ubiquitous handset manufacturer announced a $4.4 billion loss in its first quarterly earnings report under the stewardship of interim CEO John Chen.