Hon Hai chief in Tokyo for talks on Sharp deal: media

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  Reuters/Reuters - Hon Hai Precision Industry chairman and founder Terry Gou waves to the media as he gets on an elevator after a news conference in Tokyo August 27, 2012. REUTERS/Toru Hanai

TAIPEI (Reuters) - The chairman of Hon Hai Precision will meet Sharp Corp executives this week in a bid to revive stalled talks over Hon Hai's plans to buy a stake in Sharp, local media reported on Friday.

Terry Gou of Hon Hai, a major supplier of Apple products, is currently in Tokyo, the Economic Dailyand the Commercial Times said, citing unidentified sources.

Gou's move comes after Samsung agreed to buy a 3 percent stake in Sharp for $111 million earlier this week.

This would be the first meeting between Gou and Sharp executives in seven months, the Economic Daily said.

Talks to sell a 9.9 percent stake in Sharp to Hon Hai have stalled since last year over differences about executive control, as a March deadline looms.

Foxconn's Gou says tough to cope with iPhone demand

TAIPEI (Reuters) - Taiwan's Foxconn Technology Group said on Wednesday the company's flagshipHon Hai unit is finding it difficult to cope with the massive demand for Apple Inc's iPhones.

"It's not easy to make the iPhones. We are falling short of meeting the huge demand," Foxconn Chairman Terry Gou told reporters after a business forum.

However, he declined to comment on brokerage reports saying that the group's other unit, Foxconn International Holdings (FIH), had taken on some production.

Hon Hai Precision Industry, the main listed entity of the parent Foxconn Technology Group, is the key assembler of Apple's iPhones.

The group also owns FIH, which traditionally assembles non-Apple products, such as phones from Nokia Oyj and Huawei Technologies Co Ltd.

Shares of Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, surged as much as 35 percent on Monday after Citigroup upgraded the stock to a 'buy' and said it expected the firm to start assembling iPhones this year.

Shares of FIH fell 5.7 percent in Hong Kong on Wednesday, while Hon Hai was up 0.6 percent in Taipei. (Reporting by Clare Jim and Lee Chyen yee; Editing by Anne Marie Roantree)