Chief executive of Japan's Sharp to step down, become chairman in April

FILE PHOTO: A logo of Sharp Corp is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016.   REUTERS/Toru Hanai
FILE PHOTO: A logo of Sharp Corp is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai

TOKYO (Reuters) - Sharp Corp's chief executive, Tai Jeng-wu, will step down on April 1 to become chairman, the Japanese electronics maker said on Friday, after a turnaround that saw Taiwan's Hon Hai Precision Industry Co Ltd buy the firm in 2016.

The new chief executive will be Po-Hsuan Wu, a former Hon Hai employee now in charge of Sharp's overseas product business.

(Reporting by Makiko Yamazaki; Editing by Clarence Fernandez)

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