foxconn

Foxconn eyes US display plant with Apple

Foxconn eyes US display plant with Apple

Newly inaugurated US President Trump's dreams of a "buy American, hire American" period perhaps took one step closer to reality, and it might have to thank Foxconn for that. The electronics manufacturing company, most popular for assembling Apple's iPhones in China, revealed that it is mulling over establishing a display facility in the US with an investment amounting to $7 billion. It won't be shouldering that alone, however, as Foxconn chair Terry Gou revealed that Apple will be throwing in part of its cash, too.

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6 Reasons the Nokia P1 could be the iPhone of Androids

6 Reasons the Nokia P1 could be the iPhone of Androids

This week the Nokia P1 has been teased right on the heels of the announcement of the Nokia 6. The latter device is the real deal - the former isn't yet confirmed as a real device. Sources suggest that the Nokia P1 will utilize company connections to base its design on the Sharp Aquos Xx3. As such, the images you see in this article are literally of the Sharp Aquos Xx3, as it was when it was introduced last year.

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iPhone manufacturer Foxconn reveals plans to fully automate factories

iPhone manufacturer Foxconn reveals plans to fully automate factories

Taiwan's Foxconn, the electronics manufacturing giant that builds Apple's iPhone along with dozens of other devices, has recently revealed its plans to eventually replace all the human workers in its Chinese factories with automated robots. This goal is to be accomplished over three phases, with 40,000 robots already in place on production lines, and a reduction of over half the company's workforce since the release of the iPhone 6 in 2014.

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Apple does the math on “Made in America” iPhone

Apple does the math on “Made in America” iPhone

The fact that iPhones are largely assembled in China has long been a topic of debate and, for some, a point of contention. If new reports are to be believed, there may come a day when iPhones are manufactured in the US. That's according to Nikkei Asian Review, which spoke to unnamed sources who said that Apple has been in discussions with suppliers about the possibility of American manufacturing.

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iPhone 8’s first big secret spilled in Taiwan by Foxconn

iPhone 8’s first big secret spilled in Taiwan by Foxconn

Apple's iPhone 8 details appear (well before release date) at a talk with Sharp CEO Jeng-wu Tai. This event occurred over the weekend at at Tatung University and, at first, seemed innocuous enough. Speaking about displays isn't off-topic for Sharp's CEO, but revealing Apple's future is. A switch by Apple from LCD to OLED would be a big move, especially since it'd be the first major update to iPhone displays in years.

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After iPhone 7 release, a glass iPhone 7 Pro for 2017

After iPhone 7 release, a glass iPhone 7 Pro for 2017

We’ll probably be seeing Apple’s new iPhone next month, but speculation is already looking far into the future, and that future may include a glass casing. Foxconn has been tipped in an effort to develop its own glass phone casings, something sources say it has been working on for the past year or so to perfect in time for the 2017 iPhones; it is also reportedly developing its own high-end OLED technologies thanks to its Sharp acquisition in a bid to take on Samsung and China's Biel Crystal.

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Foxconn, Sharp tipped to close acquisition deal on March 31

Foxconn, Sharp tipped to close acquisition deal on March 31

In late February the news broke that troubled Japanese tech giant Sharp had agreed to an acquisition deal with Taiwan's Foxconn. Both sides were happy with the arrangement, but just before ink was put to paper it was revealed that Sharp had financial liabilities amounting to a staggering $3.1 billion. Foxconn execs were stunned, to say the least, and the deal was immediately placed on hold to renegotiate a reduced bailout. It is now believed that the two companies are ready to move forward, with March 31st said to be the day the deal will be closed.

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Foxconn, Sharp deal in danger due to financial liabilities

Foxconn, Sharp deal in danger due to financial liabilities

The unfolding events feel as if they have gone from mere business case to TV drama, with a potential spouse mulling over leaving the other due to past dark secrets. The deal between Japan's Sharp and Taiwan's Foxconn almost seemed ready to be inked but, at the last minute, Sharp may have revealed a bombshell that had Foxconn executives going berserk. That bombshell was just how much potential financial liabilities that Sharp will be bringing along when it moves in with Foxconn, amounting to no less than $3.1 billion.

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Sharp chooses Foxconn over government-backed fund

Sharp chooses Foxconn over government-backed fund

It might mark the end of a mostly Japanese control over one of the country's biggest LCD panel makers, a company that has held its ground for nearly a century. According to a filing made by the company, Sharp has agreed to accept Taiwanese company Foxconn's bid to own a majority stake in the company. This decision edges out Innovation Network Corporation of Japan, a government-backed fund that rescues ailing Japanese businesses and tries to turn them around. INCJ's solution, however, would have seen Sharp sold in pieces, which the company considered less favorable than having Foxconn control a still whole company.

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Report: Foxconn named preferred bidder by Sharp

Report: Foxconn named preferred bidder by Sharp

Foxconn has prevailed in its hopeful bid to buy Japanese company Sharp, according to a new report. We heard rumbles about such plans in late January, and now sources have surfaced claiming Sharp Corporation has selected Foxconn of Taiwan as the preferred bidder. If the sources are correct, Foxconn is willing to fork out the Yen equivalent of $5.9 billion for Sharp, which has struggled to compete in a market dominated by bigger players.

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Foxconn really wants to buy Sharp, Japan government wary

Foxconn really wants to buy Sharp, Japan government wary

Sharp, a well-known brand when it comes to displays, screens, and TVs, is a company in deep financial trouble. There is no escaping that fact. The only question now is who will bail it out of its fate. It might seem surprising that Foxconn, the contract manufacturing company most famous for assembling Apple's devices, is offering a handsome some to buy Sharp. The fact that Foxconn is a Taiwanese company, however, is sending warning signals to Japanese officials, complicating the matter for Sharp and its future.

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OnePlus taps Foxconn in India, puts phone on sale for 1-hour

OnePlus taps Foxconn in India, puts phone on sale for 1-hour

OnePlus has expanded their manufacturing of smartphones to India in a move that'll bring jobs to one of the regions in which they sell the most devices. The OnePlus crew have also announced that they'll be releasing the OnePlus 2 again for 1-hour this afternoon in another of their many moves to create hype around the device and its production. While it was expected that a special event in India today would be home to a new device, it was instead an announcement of expansion of manufacturing only.

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