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Topic: Foxconn

Foxconn's Sharp takeover postponed because of undisclosed liabilities, report says

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.

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Sharp reportedly accepts $6.25B takeover bid from Foxconn

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.

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Rumor: Apple to expand supply chain, add Wistron as manufacturer for new 4" iPhone

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.

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Sharp takeover deal should be finalized by end of February, Foxconn CEO says

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.

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Sharp leaning towards Foxconn takeover, but with no exclusive negotiations, CEO says

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.

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Sharp, Foxconn to enter talks over $5.5B takeover bid, report says

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.

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Innovation still undecided on Sharp rescue plans as Foxconn raises bid, tries to allay job fears

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.

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Sharp leaning towards Japan's Innovation over Foxconn in takeover bids - report

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.

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Rumor claims next-gen Apple Watch going into mass production in Q2

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.

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Fire breaks out at Foxconn's main iPhone factory, no injuries or production setbacks reported

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.

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Apple a lurking factor in bidding war over Sharp, report suggests

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.

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Apple assembler Foxconn bids $5.3 billion to take over iPhone display maker Sharp

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.

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Rumor: Second-gen Apple Watch going into trial production this month

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.

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Core Apple manufacturer Foxconn sees December revenues down 20 percent

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.

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Apple & Foxconn consuming 30-40 percent of Tainergy's growing solar cell production

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.

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Rumor claims Apple seeking second supplier for next-gen Apple Watch

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.

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Foxconn profits rise 11% following Apple's record setting iPhone 6s launch

11/16/2015, 10:11 am

Apple supplier Foxconn reported better-than-expected third-quarter earnings on Monday, thanks in part to the debut of the new iPhone 6s and iPhone 6s Plus, which have continued to grow sales amid slowdown in the smartphone market.

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Apple won't adopt AMOLED displays in iPhones until 2019 at the earliest, insider says

11/10/2015, 11:11 am

Apple won't embrace AMOLED display technology in the iPhone in the near future, instead opting to stick with its current LCD panels until at least 2018, analyst Ming-Chi Kuo of KGI Securities said on Tuesday.

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Suppliers Foxconn & ASE locked in fight to gain more orders from Apple

10/14/2015, 09:10 am

Key Apple suppliers Foxconn and Advanced Semiconductor Engineering are reportedly engaged in battle for control of a third company, Siliconware Precision Industries (SPIL), with the goal of obtaining more orders from Apple.

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Foxconn may buy Sharp's LCD business, with assistance from Apple

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.

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