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.
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.
03/15/2016, 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.
02/05/2016, 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.
01/22/2016, 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.
09/23/2015, 10:09 am
Sharp's LCD spinoff may end up in the hands of manufacturing giant Foxconn, thanks to a potential investment by Apple, helping to give the iPhone maker greater control of its sprawling supply chain.
08/24/2015, 12:08 pm
Japanese supplier Sharp is negotiating with Hon Hai Precision Industry -- better known as Foxconn -- on a deal that would see the former spin off its display panel business to create a new joint venture, according to a Monday report.
05/14/2015, 09:05 am
One of Apple's key display suppliers, Sharp, posted an annual net loss of $1.9 billion on Thursday and cast doubt on its ability to keep operating, although it will continue to live on in the short-term thanks to investments by banks.
03/06/2015, 10:03 am
Component manufacturer Japan Display on Friday officially unveiled plans for a new $1.4 billion display plant in central Japan, with Apple reportedly investing in the facility to secure supplies of advanced LCD panels for its products.
03/05/2015, 10:03 am
Apple's upcoming 12.9-inch iPad -- commonly referred to as the "iPad Pro" -- will make use of an oxide LCD, most popularly known as Sharp's IGZO display technology, a new report from the company's supply chain claims.
06/30/2014, 02:06 pm
Despite numerous reports that Apple is employing next-generation IGZO display panels in its iPad lineup, a weekend revelation that the iPhone maker has monopolized the output of a Sharp facility not known to produce IGZO components throws those assertions into question.