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May 03, 2024
 

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HON HAI

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 28, 2017
Sharp returns to net profit in first quarter as TV sales recover
Sharp Corp. reported Friday a group net profit of ¥14.48 billion in the April to June period, a reversal from a ¥27.45 billion loss a year earlier as sales in TVs and liquid crystal displays used in mobile devices recovered.
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 / Markets
Jul 1, 2017
Sharp applies for relisting on TSE's first section
Sharp Corp. has applied to be relisted on the first section of the Tokyo Stock Exchange after being demoted last year while in dire straits.
Japan Times
BUSINESS / Companies
Jun 20, 2017
Sharp to file next week for return to Tokyo Stock Exchange first section
Sharp Corp. will file next week to return to the first section of the Tokyo Stock Exchange after being demoted last year due to poor financial health, the president said Tuesday.
Japan Times
BUSINESS / Companies
Apr 19, 2017
Sharp mulls jointly investing in Toshiba chip unit with Hon Hai
Sharp Corp. is considering a joint bid with parent company, Hon Hai Precision Industry Co., to invest in embattled Toshiba Corp.'s memory chip business, a Sharp executive said Wednesday.
BUSINESS / Companies
Apr 13, 2017
Toshiba sale of chip unit hits snag amid objections from JV partner Western Digital
Toshiba Corp.'s plans for selling its memory chip business to raise much-needed cash hit a snag as joint-venture partner Western Digital Corp. said the sale may violate the companies' contract.
Japan Times
BUSINESS / Companies
Apr 7, 2017
Toshiba gets ¥3 trillion offer for chip unit from Hon Hai
Beleaguered Toshiba gets a u00a53 trillion bid for its precious computer chip business from Taiwan's Hon Hai.
BUSINESS / Companies
Apr 6, 2017
Sharp to boost workforce at key Kameyema plant in July
Sharp Corp. plans to nearly double the number of employees at its mainstay Kameyema factory in Mie Prefecture that makes camera parts for smartphones, a senior company official said Thursday.
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
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 17, 2017
Sharp lifts profit guidance for fiscal 2016
Sharp Corp. on Friday upgraded its earnings outlook for the year through March on a decline in sales-related costs, forecasting a group operating profit of ¥47.4 billion ($418 million).
BUSINESS / Tech
Dec 14, 2016
Hon Hai, Sharp to halt LCD TV panel supply to Samsung in 2017
Taiwan's Hon Hai Precision Industry Co. and its Japanese subsidiary Sharp Corp. will stop supplying liquid crystal display panels for televisions to South Korea's Samsung Electronics Co. from next year, industry sources said Wednesday.
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
Nov 1, 2016
On road to recovery, Sharp sees first operating profit in three years
Sharp Corp. said Tuesday it expects to post its first operating profit in three years in the current business year through next March, helped by restructuring efforts under the ownership of Taiwan's Hon Hai Precision Industry Co.
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
Jul 29, 2016
Sharp narrows operating loss to ¥2.52 billion in first quarter
Sharp Corp., restructuring under Taiwan's Hon Hai Precision Industry Co., reported on Friday a group operating loss of ¥2.52 billion ($24.3 million) for the April-June quarter after another poor performance from its core liquid crystal display business.
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.
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.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
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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