The Taiwanese manufacturer said the patent acquisition aims to enrich its flat panel patent portfolio and strengthen its capability in research and development of advanced technology in that particular area.
Hon Hai Precision is obviously eyeing touch panel technology owned by NEC.
Hon Hai Precision Chairman Terry Gou has also acquired a 46.5 percent stake Sharp's 10th generation flat screen plant, located in western Japan.
Hon Hai Precision had also signed an agreement in March to buy a 10 percent stake in Sharp. However, the two companies have not yet reached an agreement as they renegotiate the terms of the deal.