Foxconn Technology Group is not saying whether it plans to invest $30 billion in the United States, as President Donald Trump claimed he was told by the company's leader "off the record." Trump announced to a group of small business leaders at the White House ...
At least one other state offered Foxconn more than the $3 billion incentives package Wisconsin used to lure a plant that will be the electronics giant's first in the U.S., Gov. Scott Walker said Tuesday. Walker said "at least one if not several other states ...
President Donald Trump on Wednesday will unveil a $10 billion U.S. investment by Apple supplier Foxconn to build a plant in Wisconsin, the White House said. The Taiwanese tech giant is expected to announce the move side-by-side with the businessman-turned-president, as Trump tries to show ...
Apple Inc. Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. President Donald Trump as saying. "I spoke to (Cook), he's promised me three big plants — big, big, big," Trump told ...
Sharp said on Friday it expects to report its first net profit in four years in the year through March 2018 due in part to cost-cutting under the aegis of Taiwan's Hon Hai Precision Industry (Foxconn). The liquid crystal display manufacturer forecast profit of ¥59 ...
Taiwan’s Hon Hai engineers a turnaround at Sharp, leading the Japanese electronics maker to its first profit in three years.
The firm may forgo the highest bid because of likely opposition from the Japanese and American governments based on Hon Hai’s ties to China.
Japan’s public and private sectors are discussing forming a consortium to bid for Toshiba’s vaunted memory chip unit to protect its technology from falling into foreign hands.
Hon Hai Precision Industry Co. reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.'s devices rode record iPhone sales during the pivotal holiday shopping period. The world's biggest contract manufacturer of electronics reported a 30 percent increase in net income ...
Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria. Hon Hai Precision Industry Co., the main assembler of the U.S. company's smartphones, has gained 29 percent ...
Sharp Corp. narrowed its full-year loss outlook after posting its first quarterly profit in more than two years, lifted by cost reductions and a turnaround in the display business. The net loss will reach ¥37.2 billion ($329 million) in the year ending March 31, the ...
The head of Taiwan's tech giant Hon Hai Precision Industry Co. confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan's SoftBank. U.S. President Donald Trump announced before taking office a $50 ...
