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Topic: Foxconn

Apple assembler Foxconn says US investment coming, details unsettled

04/28/2017, 03:04 pm

Apple's main assembly partner, Foxconn, is indeed planning to make some form of investment in the U.S., but the exact details are yet to be finalized, the latter company's chairman confirmed on Friday.

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Trump to meet with Foxconn chairman Terry Gou, report says

04/27/2017, 06:04 pm

Terry Gou, chairman of Apple manufacturing partner Foxconn, will reportedly meet with President Donald Trump in Washington, D.C., on Thursday, where the pair are likely to discuss U.S. job creation and a pending bid for Toshiba's chip business.

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State-backed fund may take minority stake in Toshiba's memory unit to prevent foreign buyouts

04/18/2017, 11:04 am

The state-supported Innovation Network Corp of Japan may pursue a minority stake in Toshiba's memory business, allowing the government to block the sale of a majority stake to businesses deemed risky to national security -- including two Apple suppliers, according to a report.

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Apple considers investing 'several billion dollars' for stake in Toshiba chip business, report says

04/14/2017, 04:04 am

According to the latest industry whispers surrounding the sale Toshiba's semiconductor unit, Apple is considering investing several billion dollars in a bid that would give it and partner investor Foxconn a more than 20 percent stake in the business.

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Toshiba likely to reject $27B memory business bid by Apple manufacturer Foxconn

04/12/2017, 09:04 am

Toshiba may turn down a bid for its memory business by Apple manufacturer Hon Hai -- better known as Foxconn -- despite the latter being willing to outbid others by billions of dollars.

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Apple-connected bidders raise stakes in bids for Toshiba's memory business

04/10/2017, 09:04 am

Three Apple suppliers -- Hon Hai/Foxconn, SK Hynix, and Broadcom -- are reportedly dogged in their determination to bid for Toshiba's memory business, despite strong preferences by both Toshiba and the Japanese government for a domestic buyer.

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Toshiba narrows bidders for memory business, may have dropped Apple

04/07/2017, 09:04 am

Toshiba has reportedly shrunk the group of bidders for its memory business from about 10 to a number that may no longer include Apple, though no binding offers have been made, and more bidders could potentially join.

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Apple assembler Foxconn sees quarterly revenues surge on high iPhone sales

03/31/2017, 10:03 am

Apple's main assembly partner, Foxconn, reportedly saw its net income jump 30 percent to $2.3 billion in the December quarter, fueled heavily by the first full quarter of iPhone 7 sales.

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Japan's national security could block Apple suppliers Foxconn & TSMC from Toshiba memory stake

03/10/2017, 09:03 am

The Japanese government is preparing to vet the security of potential bidders for a majority stake in Toshiba's memory business -- something that could give U.S. companies an edge, but stop Apple suppliers Foxconn and TSMC, a report said on Friday.

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Foxconn chairman raises uncertainties over building displays for Apple in USA

03/09/2017, 11:03 am

Apple manufacturing partner Foxconn has yet to decide whether or not to proceed with plans to jointly invest in a $7 billion facility in the U.S., with Chairman Terry Gou expressing concerns over government incentives, supply chain issues, and a shortage of skilled labor in the country.

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Apple suppliers Foxconn & TSMC partnering on bid for Toshiba's memory business - report

03/07/2017, 11:03 am

Two of Apple's main supply chain partners -- Foxconn and TSMC -- are joining together to bid for a majority stake in Toshiba's memory business, a report said on Tuesday.

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Report confirms Sharp pouring $878M into in OLED production ahead of 'iPhone 8'

03/07/2017, 09:03 am

Sources familiar with the matter have confirmed that Sharp is investing 1 trillion yen into OLED screen production, more than a month after reports circulated that it was planning to do so.

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Apple supplier Foxconn 'very serious' about bidding for Toshiba's memory business

03/01/2017, 09:03 am

The chairman of Apple supplier Foxconn declared Wednesday that he is "very serious" about bidding for Toshiba's memory chip business, which could potentially guarantee supplies for products like iPhones and consolidate Foxconn's position as a primary Apple manufacturer.

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Foxconn workers depart company, rather than shift to non-iPhone assembly -- report

02/22/2017, 09:02 am

Apple partner and device assembler Foxconn is going on a hiring spree at China colleges, but reports from within the company claim that as iPhone 7 manufacturing winds down, assemblers would rather leave than deal with lower pay and fewer safety precautions when building goods from other companies.

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Apple, Foxconn & TSMC consider swooping in on Toshiba's flash memory business

02/22/2017, 09:02 am

Apple, Foxconn, and TSMC are among a group of over 10 companies hoping to win a majority stake in Toshiba's flash memory business, reports say.

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Rumored new Foxconn iPhone plant in India lurches forward, timetable for opening unknown

02/15/2017, 09:02 am

Foxconn's delayed plans to build a manufacturing plant in Maharashtra, India may finally bear fruit, with Foxconn executives reportedly meating with the region's Chief Minister to hammer out some details.

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Sharp said to take lead role in $7 billion US manufacturing plant construction

02/08/2017, 09:02 am

A long-discussed manufacturing plant, said to be built by Apple manufacturer Foxconn or its subsidiary Sharp, may break ground as soon as the summer of 2017 with Sharp at the helm, according to a new report

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Apple display supplier Sharp turns first profits in years under Foxconn control

02/03/2017, 01:02 pm

Japan's beleaguered Sharp, a regular Apple LCD supplier, generated its first quarterly net profits in two years during the December quarter -- its first under the management of Apple's main assembly partner, Foxconn.

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Apple meeting with India government 'constructive,' iPhone manufacture 'almost a done deal' [u]

01/25/2017, 09:01 am

Apple's meeting with Indian government officials on Wednesday -- aimed at setting up local iPhone manufacturing -- was a "constructive and open dialogue," the company claimed in a statement.

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Apple and Foxconn weighing $7 billion display plant in U.S., report says

01/22/2017, 09:01 pm

Apple's main manufacturing partner, Foxconn, is considering the possibility of a $7 billion joint investment in an automated display production facility in the U.S., the latter company's chairman said on Sunday.

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