Taiwan's Hon Hai Precision Industry Co <2317.TW> will take an 11 percent stake in Japan's Sharp Corp <6753.T>, the Japanese company said on Tuesday, under a tie-up in LCD production that includes Sharp issuing 66.5 billion yen ($803 million) worth of its shares to four Hon Hai group companies.

Hon Hai, an Apple supplier, will hold a 46.48 percent stake in Japan's main Sakai plant, in western Japan.

($1 = 82.8300 Japanese yen)

(Reporting by Miki Kayaoka; Editing by Edmund Klamann)