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May 03, 2024
 

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HON HAI

BUSINESS / Companies
Jul 1, 2016
Sharp to re-enter European market for household solar panels
Sharp Corp. is to re-enter the European solar panel market in cooperation with Taiwan's Hon Hai Precision Industry Co., sources have said.
Japan Times
BUSINESS / Companies
Jun 23, 2016
Sharp shareholders approve Hon Hai takeover
The approval marks the first major Japanese electronics manufacturer to come under foreign ownership.
BUSINESS / Companies
May 24, 2016
Sharp to keep solar panel business under Taiwan's Hon Hai
Sharp Corp. is set to retain its struggling solar panel business, judging that it can become profitable with the help of Taiwan's Hon Hai Precision Industry Co., according to an in-house document.
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.
Japan Times
BUSINESS / Companies
May 12, 2016
Sharp may tap Hon Hai vice chairman Tai as new chief
Electronics maker Sharp Corp., currently undergoing restructuring in a buy-out by Taiwan's Hon Hai Precision Industry Co., is looking to appoint a close aide of Hon Hai's chief as its new president, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
May 4, 2016
Sharp to move headquarters to Sakai plant operated with Hon Hai
Sharp Corp. is considering moving its headquarters to a plant in Osaka Prefecture, jointly operated with Taiwan's Hon Hai Precision Industry Co., which has agreed to take over the struggling electronics maker, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Apr 28, 2016
Sharp mulls cutting another 1,000 jobs
Struggling electronics maker Sharp Corp. is considering cutting about 1,000 additional jobs to help reduce costs, sources familiar with the matter said Thursday.
BUSINESS / Companies
Apr 21, 2016
Sharp, Hon Hai to develop TVs jointly
As Sharp Corp. prepares to be taken over by Taiwan's Hon Hai Precision Industry Co., it is planning to develop household appliances jointly with its new partner and aims to have televisions ready for sale by the end of the year, an executive at the Japanese firm said Thursday.
BUSINESS / Companies
Apr 12, 2016
Sharp to nearly double intake of recruits following takeover
Sharp Corp. said Monday it will nearly double the number of new recruits for fiscal 2017 as it begins to rebuild under Taiwan's Hon Hai Precision Industry Co.
Japan Times
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
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.
BUSINESS / Companies
Mar 29, 2016
Sharp to report net loss of ¥200 billion for fiscal 2015: sources
Sharp Corp. is expected to report a net loss of around ¥200 billion for the fiscal year ending Thursday amid a slump in its mainstay liquid crystal display business, sources close to the matter said Tuesday.
BUSINESS / Companies
Mar 28, 2016
Tokyo Mitsubishi UFJ to set new credit line for Sharp, sources say
The Bank of Tokyo-Mitsubishi UFJ (BTMU) decided Monday to set a new credit line for Sharp Corp., sources familiar with the matter said, as the struggling electronics maker seeks to sign a takeover deal with Taiwan's Hon Hai Precision Industry Co.
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 removed it. The brand was so iconic as a symbol of Japanese high-tech superiority that it was referred to it as "sekai no Kameyama," or "the world-famous Kameyama."
Japan Times
BUSINESS / Companies
Feb 29, 2016
Sharp eyes quick close to Hon Hai takeover deal
Sharp Corp. said Monday it hopes to finalize a takeover deal with Taiwan's Hon Hai Precision Industry Co. "as soon as practically possible" without setting a deadline for inking the bailout package.
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.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'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.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
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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