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  • September 21, 2014
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  1. Business - Companies

    Foxconn to buy US$390m stake in Taiwan telecom operator in 4G push

    Posted May 28th 2014, 01:00am by Reuters

    ... Reuters in Taipei Foxconn to buy into telecoms operator Apple supplier Foxconn Technology will buy a stake in Taiwanese mobile telecommunications operator Asia Pacific Telecom for NT$11.6 billion (HK$2.98 billion) in a deal that would expand its presence in the island's fledgling 4G market. Foxconn, which is listed on the Taiwan stock market under the name Hon Hai Precision ...

  2. Business - Companies - FREIGHT

    Apple iPhone 6 expected to give lift to air cargo market

    Posted Sep 08th 2014, 04:12am by SIJIA JIANG

    ... 4 and the Xbox One and that lasted for three months," said Enno Osinga, vice-chairman of the International Air Cargo Association. Apple supplier giant Foxconn, which shifted its biggest iPhone ... Airport Economic Zone where Foxconn's factory is located. The factory manufactured 96.45 million iPhones in 2013. Apple sold 150 million iPhones worldwide last year. Zhengzhou airport is now ...

  3. Business - China Business - MANUFACTURING

    Once a railway town, Zhengzhou now busy air hub thanks to ‘Applemania’

    Posted Sep 10th 2014, 10:10am by SIJIA JIANG

    ... another wave of “Applemania”. Zhengzhou, capital of Henan province, is where Apple’s contract manufacturing giant Foxconn produced 96.45 million iPhones last year, or two-thirds of the total number sold worldwide that year. The arrival of Foxconn to the city in late 2010 has led to the take-off of an aviation economy in Zhengzhou that was previously known as Asia’s largest railway ...

  4. Business - Companies - MANUFACTURING

    Foxconn in talks with US states over factory plans

    Posted Jan 29th 2014, 05:02am by Bloomberg, Sophie Yu

    ... Bloomberg and Sophie Yu sophie.yu@scmp.com Foxconn in talks with US states over factory plans Foxconn Technology Group, the maker of Apple's iPhones and iPads, is in talks with several US states to build advanced facilities as part of plans to set up factories closer to its clients. Arizona governor Jan Brewer met Foxconn's founder and chairman Terry Gou ...

  5. The unlikely rise of Shenzhen: paradise for hardware innovators

    Posted Sep 15th 2014, 02:27pm

    ... leaders Tencent, Huawei and ZTE are based there. Foxconn, the Taiwanese company best known for assembling Apple products, also has a large presence. BYD, the maker of rechargeable batteries ... in start-ups whose software products align with their platforms and business goals. Foxconn has even started its own incubator, Innoconn, which has a campus in Beijing. This allows Foxconn to invest ...

  6. Business - China Business - COMMENT

    It will be some time before robots will replace Foxconn's workers

    Posted Apr 10th 2014, 11:59am by Cathy Holcombe

    ... Cathy Holcombe Manufacturer's factories still primarily staffed by workers despite growing use of robots Foxconn nowhere near wholescale automation Several years ago, amid rising labour unrest at factories on the mainland, Foxconn Technology chairman and founder Terry Gou Tai-ming announced his company planned to have a million robots installed at its plants within three ...

  7. Business - Companies - EARNINGS

    Hon Hai seen on right track with strategic shift

    Posted Nov 14th 2013, 03:09am by Reuters

    ... analysts say. The Taiwanese company, better known by its trading name Foxconn, is building an integrated service package ranging from electronic devices to software applications and cloud computing ...

  8. Business - Companies

    Foxconn branches out beyond Apple in troubled solar industry

    Posted Aug 14th 2013, 10:10am by Reuters

    ... billion last year. Foxconn Technology Group, best known for assembling Apple’s iPhones, will decide by year-end whether to branch off into unconventional new territory: making solar panels in China. It is an industry plagued by overcapacity that outstrips demand, and panel prices have tumbled by more than two-thirds in the past two years. Yet some analysts say Foxconn may end up ...

  9. Share swap helps pay for Foxconn acquisition

    Posted Aug 06th 2005, 12:00am by Staff Reporter

    ... Frederick Yeung Foxconn International Holdings, the mobile handset arm of Taiwan's top electronics component maker, Hon Hai Precision Industry, has entered into a share swap deal with the management of its latest acquisition target to raise its takeover stake. On May 12, Foxconn concluded a takeover of Chi Mei Communication Systems, an unlisted handset maker and supplier to Motorola, ...

  10. Business - Companies - ACQUISITIONS

    Sharp-Foxconn talks set to end with no stake deal

    Posted Feb 26th 2013, 12:00am by Bloomberg

    ... Bloomberg in Tokyo Sharp-Foxconn talks set to end with no stake deal Sharp's talks with Taiwan's Foxconn Technology over an investment in the Japanese electronics maker ... March. Sharp is trying to raise funds as it forecasts a record full-year loss of 450 billion yen (HK$37.2 billion) amid slow demand for its panels and televisions. Foxconn initially agreed ...




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