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Foxconn

Latest News

Sharp liabilities holding up Foxconn takeover simply 'worst-case' risks

The liabilities that led Foxconn β€” Apple's main manufacturing partner β€” to delay its planned takeover of Sharp actually consisted of a study of worst-case risks, a report said on Monday.

Roger Fingas 10 years ago 2

Foxconn & Sharp to delay takeover talk deadline by 1-2 weeks, report says

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.

Roger Fingas 10 years ago 4

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

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.

Roger Fingas 10 years ago 1
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

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

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.

AppleInsider Staff 10 years ago 6

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

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.

Roger Fingas 10 years ago 9

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

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.

Roger Fingas 10 years ago 7

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

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.

Roger Fingas 10 years ago 13

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

Weighing takeover bids from both Taiwan's Foxconn and Innovation Network Corp. β€” a fund backed by the Japanese government β€” Sharp management is currently leaning in the second direction, a report said on Thursday.

Roger Fingas 10 years ago 7

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

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.

Roger Fingas 10 years ago 23

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

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.

Roger Fingas 10 years ago 8

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

The two entities bidding for control of Sharp β€” Hon Hai and Innovation Network Corp. β€” are both ultimately doing so with Apple as a major factor, a report said on Friday.

Roger Fingas 10 years ago 11

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

In a potential merging of two key Apple suppliers, Foxconn has officially bid $5.3 billion to take over Sharp β€” a move that would resolve the display maker's considerable growing debts.

AppleInsider Staff 10 years ago 13

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

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.

Roger Fingas 10 years ago 26

Core Apple manufacturer Foxconn sees December revenues down 20 percent

Apple's primary assembly partner, Hon Hai β€” better known as Foxconn β€” saw its revenues drop approximately 20 percent in December, on top of missing full-year sales predictions from analysts.

Roger Fingas 10 years ago 80

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

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.

Roger Fingas 10 years ago 1

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

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.

Roger Fingas 10 years ago 12

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

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.

Neil Hughes 10 years ago 8

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

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.

Neil Hughes 10 years ago 73
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