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.
01/22/2016, 01:01 pm
The two entities bidding for control of Sharp -- Hon Hai and Innovation Network Corp. -- are both ultimately doing so with Apple as a major factor, a report said on Friday.
01/21/2016, 08:01 am
In a potential merging of two key Apple suppliers, Foxconn has officially bid $5.3 billion to take over Sharp -- a move that would resolve the display maker's considerable growing debts.
01/13/2016, 11:01 am
The next-generation Apple Watch could go into trial production with Quanta later this month, paving the way for a launch in the not-too-distant future, according to rumors.
01/08/2016, 10:01 am
Apple's primary assembly partner, Hon Hai -- better known as Foxconn -- saw its revenues drop approximately 20 percent in December, on top of missing full-year sales predictions from analysts.
12/28/2015, 10:12 am
Apple's effort to convert suppliers over to renewable energy is resulting in it, along with partner Foxconn, consuming 30 to 40 percent of Tainergy Tech's solar cell production in China, according to Tainergy president Kevin Hsieh.
11/19/2015, 12:11 pm
Apple is looking to pick up a second manufacturer for the next-generation Apple Watch apart from Quanta Computer, a Chinese report said on Thursday.