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May 03, 2024
 

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FOXCONN

Japan Times
ASIA PACIFIC / Politics
Sep 17, 2019
Foxconn billionaire Terry Gou drops Taiwan presidential bid
Terry Gou, the billionaire founder of Foxconn Technology Group, pulled out of next year's presidential election in Taiwan, a move that may help unite the opposition Kuomintang.
Japan Times
BUSINESS / Tech
Jul 12, 2019
Tesla to Apple: Help us nail thief who took robocar secrets to China start-up
Tesla Inc. and Apple Inc. both suspect they were betrayed by driverless technology engineers who defected to the same Chinese startup.
Japan Times
BUSINESS / Companies
Jun 21, 2019
Terry Gou resigns as Hon Hai chairman to pursue Taiwan presidency, hands reins to Sharp board member Liu
Foxconn's Terry Gou announced Friday he is stepping down as chairman of the major contract electronics maker formally known as Hon Hai Precision Industry Co. but will remain on its board as he campaigns to become president of Taiwan.
Japan Times
WORLD / Science & Health
May 29, 2019
Trump EPA overruled career staff on smog at Wisconsin county seeking to host key plant, emails show
Politically appointed U.S. environmental officials last year overruled concerns of career scientists about air pollution in a Wisconsin county where U.S. President Donald Trump has pushed for a factory to be built by Foxconn Technology Co., newly released internal emails show. Trump has been a supporter of the Taiwanese technology giant Foxconn building a flat screen factory in Racine County, Wisconsin, a project the company said could create up to 13,000 jobs. He announced the project at a ceremony in 2017 and has claimed it is proof of his ability to revive U.S. manufacturing. Former Wisconsin Gov. Scott Walker, a Republican, helped secure about $4 billion in tax breaks for the project.
Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Apr 17, 2019
Foxconn's Terry Gou says he will follow order of sea goddess to run for Taiwan presidency
Foxconn founder Terry Gou has claimed divine endorsement for his bid to become Taiwan's president: support of the Chinese sea goddess Mazu.
Japan Times
ASIA PACIFIC / Politics
Apr 16, 2019
Foxconn's Terry Gou eyes run for Taiwan presidency after stepping back from daily business
Foxconn's Chairman Terry Gou said Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.
Japan Times
BUSINESS
Jan 24, 2019
CEOs at Davos sour on Trump policies, warning they hurt business and investment
From center-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way.
Japan Times
BUSINESS / Companies
Nov 22, 2018
As demand slows, Apple iPhone supplier Foxconn plans deep cost cuts
Foxconn Technology Group, the biggest assembler of iPhones, has become the latest Apple Inc. supplier to warn of anemic demand, with an internal memo suggesting that expenses will be cut by almost a half next year.
Japan Times
BUSINESS
Nov 7, 2018
U.S. taxpayers count the cost of Foxconn's artful deal in Wisconsin
Whatever Americans were hoping for when they elected Donald Trump president in 2016, it's a fair bet that it didn't include shoveling billions of dollars of American taxpayer money to foreign companies to build white-elephant factories.
Japan Times
BUSINESS / Companies
Jun 29, 2018
Sharp cancels new share sale, blaming market instability caused by U.S.-China trade tensions
Sharp Corp., the electronics-maker controlled by Foxconn Technology Group, canceled plans to raise as much as ¥200 billion ($1.8 billion) in a public share sale, blaming market instability fueled by U.S.-China trade tensions.
Japan Times
BUSINESS / Companies
Feb 10, 2018
Foxconn unit planning $4 billion investment after China IPO
Foxconn Industrial Internet Co., is seeking to use proceeds from an initial public offering in China to bankroll 27.3 billion yuan ($4.3 billion) investment in next-generation projects.
Japan Times
BUSINESS / Companies
Dec 7, 2017
Resurgent Sharp returns to TSE's first section after 16-month absence
The electronics giant, recovering under the wing of new parent Hon Hai Precision Industry Co., had been demoted about 16 months earlier to the second section.
Japan Times
BUSINESS / Companies
Sep 8, 2017
Apple-backed billionaire Terry Gou presses hard to buy Toshiba chip unit
Terry Gou, the billionaire behind Apple Inc.'s iPhone factories, is pressing his case to acquire Toshiba Corp.'s memory chips business in a last ditch effort to beat out two American buyout firms in the tumultuous auction.
Japan Times
BUSINESS
Jul 26, 2017
Apple CEO promised to build three 'big' plants in U.S., Trump tells WSJ
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.
Japan Times
BUSINESS / Companies
May 26, 2017
Sharp projects first profit in four years on Foxconn's cost cuts
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).
Japan Times
BUSINESS / Companies
Mar 31, 2017
Hon Hai posts surprise profit rise after record iPhone sales
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.
BUSINESS / Companies
Feb 20, 2017
Apple's upcoming iPhone release keeping Foxconn unit vibrant
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.
BUSINESS / Companies
Feb 3, 2017
Sharp trims full-year loss outlook due to cost cuts, display profits
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.
BUSINESS / Tech
Dec 10, 2016
Hon Hai, Sharp mull major LCD display panel plant in China
Hon Hai Precision Industry Co. and Sharp Corp. are considering investing u00a5800 billion in a new Chinese plant they envision beginning production of large TVs in 2019.
BUSINESS / Companies
Aug 12, 2016
Hon Hai profit drops a third straight quarter on phone slowdown
Hon Hai Precision Industry Co.'s profit fell for a third straight quarter, reflecting the impact of a global slowdown in demand for smartphones.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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