After years of twists and turns, the saga of Sharp’s new ownership is finally over, with Foxconn of Taiwan completing its acquisition of a controlling stake in the troubled Japanese electronics company – and likely signaling Sharp’s last chance to make it. Foxconn will pay $3.5 billion for a 66% holding, a price which was reduced by about $900 million in April because of unexpectedly high liabilities and worse than anticipated earnings for Sharp’s fiscal year to March 2016. Sharp recently announced that 2016 net sales continued to decline during the year to $20 billion, with an operating loss of $1.62 billion. Foxconn, also known as Hon Hai Precision Industry, has been diversifying its activities beyond its contract manufacturing business,…