"This gives Foxconn better pricing power with Apple," he added. Before Foxconn's late statement, Sharp's stock tumbled to end 14 percent lower as the share dilution looked larger than expected, with traders noting that the proposed deal included the issuance of a class of shares that would be convertible next year. (US$1 = 112.47 yen) (Reporting by Makiko Yamazaki and J.R. Wu Additional reporting by Taro Fuse, Joshua Hunt and Taiga Uranaka in Tokyo; Writing by Ritsuko Ando; Editing by Edwina Gibbs and Mike Collett-White)