Tag - foxconn

 
 

FOXCONN

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 / 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.
BUSINESS / Companies
May 13, 2016
Sharp's 'subpar' performance prompts Hon Hai to warn of job cuts but vow to reward dedicated ranks
Terry Gou warns his newly acquired employees of job cuts while promising to reward those who commit to rebuilding.
BUSINESS / Companies
May 12, 2016
Sharp's losses, liabilities underscore challenge for Hon Hai
Sharp Corp. posted a second straight annual loss and said its liabilities exceeded its assets, highlighting the turnaround challenge facing new owner Hon Hai Precision Industry Co., also known as Foxconn Technology Group.
BUSINESS / Companies / FOCUS
Apr 6, 2016
Takeover of Sharp advances Hon Hai's clean-energy ambitions
Hon Hai Precision Industry Co.'s rescue of Sharp Corp. promises to bolster the Taiwanese electronics maker's ambitions for a bigger role in clean energy in some of the world's most polluting countries while also providing a firmer footing in Japan.
Japan Times
BUSINESS / Companies / ANALYSIS
Apr 4, 2016
For Hon Hai, turning around Sharp will be tougher than takeover
Terry Gou has pledged to keep Sharp intact, respect its independence and try to preserve jobs. He will have a hard time keeping those agreements.
Japan Times
BUSINESS / Companies
Mar 24, 2016
Hon Hai lag raises Sharp liquidation risk, analyst says
Sharp Corp. is facing an increasing risk of liquidation if a rescue deal with Hon Hai Precision Industry Co. is delayed further, according to a top-rated analyst tracking the electronics maker.
BUSINESS / Companies
Mar 21, 2016
Hon Hai-Sharp deal's nearly monthlong delay raises risk of rupture
Clock ticking as Taiwanese firm pours over information on deal for troubled Japanese company.
BUSINESS
Mar 16, 2016
Foxconn expected to delay finalizing Sharp deal in order to scrutinize performance
Foxconn Technology Group is delaying finalization of its deal for Sharp Corp. to get a clear understanding of the Japanese company's performance in the current quarter, increasing the chances an agreement won't be reached this month, according to sources.
Japan Times
JAPAN / Media / MEDIA MIX
Mar 5, 2016
National pride obscures harsh truth about Sharp deal
An object of pride for Japanese consumers during the 2000s was the so-called Kameyama flat-screen television set manufactured by Sharp. Named after the factory in Mie Prefecture where it was assembled, the LCD-TV came with a sticker attesting to its provenance, and many people who bought the model never...
BUSINESS / Companies
Feb 18, 2016
Sharp considering excluding Foxconn backers from vote
Sharp Corp.'s lawyers are recommending that two board members be excluded from a final vote on competing bailout plans, possibly tipping the balance in favor of a proposal from Innovation Network Corp. of Japan, people with knowledge of the matter said.
Japan Times
BUSINESS / Companies
Feb 11, 2016
INCJ sticks by rescue plan for Sharp as Foxconn talks continue
Japan's Innovation Network Corp. is confident Sharp Corp. will see its rescue plan as superior to a competing bid even as the struggling electronics maker enters talks with Taiwan's Foxconn Technology Group.
Japan Times
BUSINESS / Companies
Feb 9, 2016
INCJ said to argue its ¥1 trillion bid for Sharp tops Foxconn's
Innovation Network Corp. of Japan is making the case to Sharp Corp. that its rescue proposal for the electronics maker is worth more than an offer from Taiwan's Hon Hai Precision Industry Co., a sign the government fund is determined to keep fighting for victory in the takeover battle.
BUSINESS / Companies
Feb 5, 2016
Sharp deal '90% done': Hon Hai's Gou
Hon Hai Precision Industry Co. has won a hotly contested agreement to become the preferred negotiating partner in its bailout.

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