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  • August 22, 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 - 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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, ...

  7. 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 ...

  8. Business - China Business

    Labour chase takes inland turn

    Posted Mar 05th 2013, 12:00am by Bloomberg

    ... Bloomberg in Taipei The perpetual quest for workers- not lower wages- is prompting electronics maker Foxconn into set up factories in the mainland's hinterland Labour chase takes inland turn Foxconn Technology Group and other electronics makers are saving little in wages by opening plants in inland China and are making the move because of labour shortages in traditional ...

  9. Foxconn shares to feel heat after profit warning

    Posted Jul 22nd 2011, 12:00am

    ... Naomi Rovnick naomi.rovnick@scmp.com Shares in Foxconn International Holdings are likely to come under pressure today after the world's largest contract mobile phone handset maker issued a profit warning last night. Foxconn International, a unit of Taiwan's Foxconn Technology group, revealed in an 8.23pm statement it would record a loss for the half-year to last ...

  10. News - China

    Three new suicides at Foxconn China factory

    Posted May 18th 2013, 07:47pm by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing Three Foxconn workers have committed suicide at a factory in China in the past three weeks, a labour rights group said on Saturday. All three jumped ... in a statement. Foxconn, which assembles products for Apple, Sony and Nokia, has come under the spotlight after suicides and labour unrest at its Chinese plants since 2010. In 2010, at least 13 Foxconn ...




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