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July 05, 2025
 

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HON HAI

Nissan and Honda are exploring a merger, which would create a rival to Toyota Motor in Japan and better position the combined company to face competitive challenges around the world.
BUSINESS / Companies
Dec 19, 2024
Foxconn in talks with Nissan shareholder Renault, CNA says
Renault’s stake in Nissan is a holdover from a longstanding alliance between the French automaker, Nissan and Mitsubishi Motors.
With Apple’s business making up more than half of the company's revenue, investors are watching Hon Hai for clues on iPhone sales.
BUSINESS / Tech
May 6, 2024
iPhone maker Hon Hai hits a record high buoyed by AI and Apple
Hon Hai makes most of the world’s iPhones, but is now diversifying to focus on building datacenter server racks and other equipment for AI clusters.
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 / Companies
Feb 12, 2018
Hon Hai's Terry Gou plots move beyond iPhone assembly to AI and big data
Hon Hai Precision Industry Co. Chairman Terry Gou says that over the next few years he plans to focus the company's direction on artificial intelligence and big data.
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.
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 / Companies
Jul 11, 2017
Toshiba talking with Western Digital, Foxconn about chip unit sale, sources say
Toshiba Corp. told its creditor banks it is in talks with Western Digital Corp. and Taiwan's Foxconn over the $18 billion sale of its prized chip unit in addition to its preferred bidder, banking sources familiar with the matter said on Tuesday.
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.
Japan Times
BUSINESS / Companies
Mar 1, 2017
Hon Hai's Gou says 'very serious' about Toshiba chip unit bid
Terry Gou is heading back to Japan.
BUSINESS / Companies
Oct 19, 2016
Sharp shares climb on improved prospects for full-year profits
Sharp Corp.'s shares rose in Tokyo on an improved outlook for full-year profit results, an early sign of turnaround under Taiwan's Hon Hai Precision Industry Co., its new owner.
BUSINESS / Companies
Aug 15, 2016
Sharp's shares continue to leap after capital injection from Hon Hai
Sharp Corp. shares climbed in Tokyo after the sale of a stake to Foxconn Technology Group, also known as Hon Hai Precision Industry Co., was completed, ending a four-month wait for the cash-strapped maker of flat panel televisions.
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.
BUSINESS / Companies
Apr 2, 2016
Hon Hai seals deal with Sharp
A foreign company is taking over one of Japan's leading electronics makers after Sharp Corp. and Taiwan's Hon Hai Precision Industry Co. sealed an agreement Saturday.
Japan Times
BUSINESS / Companies / ANALYSIS
Mar 31, 2016
How modularization felled Japan's electronics titans
Toshiba, Sharp, Sony, Hitachi and Panasonic — these companies were the pride of Japan for decades after their electronics took the world by storm.
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.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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By Alex K.T. Martin

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