Qualcomm accuses Foxconn & other Apple suppliers of breach of contract

Chipmaker Qualcomm on Wednesday leveled a complaint against Foxconn and three other Apple manufacturing partners, accusing them of breaking licensing agreements by not paying due royalties.

Roger Fingas 9 years ago 12

Chinese premier visits Foxconn, suggests Apple assembler refocus on China rather than US

China Premier Li Keqiang visited a Foxconn production center, and reportedly told the Apple partner's CEO to set up its "whole industrial chain" in China, rather than expanding further into other countries like the U.S.

Mike Wuerthele 9 years ago 24

Apple assembler Foxconn says US investment coming, details unsettled

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.

Roger Fingas 9 years ago 0

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

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.

Roger Fingas 9 years ago 2

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

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.

Mikey Campbell 9 years ago 0

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

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.

Roger Fingas 9 years ago 9

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

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.

Roger Fingas 9 years ago 4

Toshiba narrows bidders for memory business, may have dropped Apple

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.

Roger Fingas 9 years ago 10

Apple assembler Foxconn sees quarterly revenues surge on high iPhone sales

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.

Roger Fingas 9 years ago 25

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

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.

Roger Fingas 9 years ago 4

Foxconn chairman raises uncertainties over building displays for Apple in USA

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.

Malcolm Owen 9 years ago 32

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

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.

Roger Fingas 9 years ago 4

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

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.

Mike Wuerthele 9 years ago 9

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

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.

Roger Fingas 9 years ago 4

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

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.

Mike Wuerthele 9 years ago 39

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