05/18/2016, 08:05 am
Microsoft's steady decline in the mobile phone business continues, as the Redmond, Wash., company announced on Wednesday that it will sell the feature phone division it acquired from Nokia to a subsidiary of manufacturer Foxconn for $350 million.
05/17/2016, 11:05 am
Apple's two main assembly partners, Foxconn and Pegatron, are said to have begun extra hiring for iPhone production early this year, allegedly owing to the complexity of the "iPhone 7."
05/17/2016, 08:05 am
Like clockwork, Apple's well-established annual iPhone release cycle is on track once again, as a new report claims the company's suppliers are prepared to begin shipping the "iPhone 7" and "iPhone 7 Plus" by the end of the third quarter.
05/12/2016, 02:05 pm
While display panel maker Sharp continues to lose money, the Japanese company faces a sweeping management reorganization under the thumb of its new owner, Apple manufacturing partner Foxconn.
05/09/2016, 08:05 pm
Apple supplier Foxconn is reportedly close to inking a deal with the Indian government to green-light plans to set up a manufacturing plant exclusively for Apple products.
03/30/2016, 01:03 pm
Two key Apple suppliers will officially join forces, as Foxconn has entered into a deal to purchase display maker Sharp for $3.5 billion, bringing to an end months of speculation and negotiations.
03/25/2016, 11:03 pm
After a series of false starts, Apple supplier Foxconn has successfully reached an agreement to buy out embattled Japanese tech giant Sharp and will ink an official deal next week, local reports say.
03/15/2016, 02:03 pm
Apple's biggest manufacturing partner, Foxconn, is angling for compromises from two key lenders before it goes ahead with its planned takeover of Sharp, a report said on Tuesday.
02/29/2016, 11:02 am
The liabilities that led Foxconn -- Apple's main manufacturing partner -- to delay its planned takeover of Sharp actually consisted of a study of worst-case risks, a report said on Monday.
02/26/2016, 02:02 pm
Sharp and Apple's main manufacturing partner, Foxconn, have reportedly agreed to extend the deadline for takeover talks by another one to two weeks, following the latter's discovery of undisclosed Sharp liabilities.
02/25/2016, 12:02 pm
Despite indications that Apple supplier Foxconn had completed a deal to take over Sharp, the company is now reportedly putting the acquisition on hold after discovering undisclosed liabilities.
02/24/2016, 10:02 pm
Following months of rumors and speculation, primary Apple supplier Foxconn has reportedly purchased embattled Japanese tech giant Sharp for $6.25 billion, beating out an offer from Innovation Network Corporation of Japan.
02/16/2016, 08:02 am
Both longtime Apple manufacturing partner Foxconn and newcomer Wistron are expected to handle assembly of the company's forthcoming 4-inch iPhone revamp, according to a new supply chain report.
02/05/2016, 11:02 am
The Foxconn bid to take over Sharp is now only awaiting finalized details between the two parties, Foxconn's CEO Terry Gou told reporters on Friday, indicating that Innovation Network Corp. has indeed been cut out of the loop.
02/04/2016, 10:02 am
Sharp is indeed leaning towards a takeover by Apple's main manufactuing partner, Foxconn, but no exclusive negotiating rights have been offered, the company's CEO announced at a Thursday press conference.
02/03/2016, 11:02 pm
Sharp reportedly plans to enter talks with Foxconn over a takeover bid that could be worth some $5.5 billion, suggesting an end is near for Foxconn's bidding war with Innovation Network Corporation of Japan.
01/29/2016, 10:01 am
In the bidding war for Sharp, Innovation Network Corp. has yet to decide on a possible rescue plan, even as rival Foxconn is raising its bid and promising not to cut Japanese jobs, a report said on Friday.
01/28/2016, 05:01 pm
Weighing takeover bids from both Taiwan's Foxconn and Innovation Network Corp. -- a fund backed by the Japanese government -- Sharp management is currently leaning in the second direction, a report said on Thursday.
01/26/2016, 11:01 am
A questionable rumor on Tuesday indicated that the second-generation Apple Watch will go into mass production in the second quarter of 2016, with Quanta Computer remaining as the sole manufacturer.
01/25/2016, 10:01 am
A fire erupted Sunday evening at Foxconn's main iPhone manufacturing facility in the Chinese city of Zhengzhou, though no one was hurt and it didn't affect production, the company claimed.