Hon Hai

The Taiwanese company’s net income plunged 13% to NT$46.3 billion ($1.4 billion), far short of analysts’ estimates for a 2.3% gain

IPhone maker Hon Hai expects flat 2023 as it builds EV push

The Taiwanese Apple Inc. assembler offered a forecast of slumping consumer electronics demand this year offset by an uptick in sales of cloud and networking products, PCs and especially EV hardware, which it sees growing by as much as fivefold this year.

In Pics | Foxconn unveils electric car models for Taiwan motor brand Yulon

Foxconn, the world’s largest contract electronics maker, announced two new self-developed electric vehicles at its third annual Hon Hai Tech Day on October 18. The company unveiled the MODEL B crossover hatchback and the MODEL V all-terrain, electric pickup.

Foxconn Chairman Young Liu meets Prime Minister Narendra Modi amid chip, EV ambitions

The Taiwanese electronics contract manufacturing major is considering to set up an EV manufacturing unit in India through its subsidiary Foxtron, according to reports

Google, Amazon eye Toshiba's chip unit: report

Google and Amazon joined a list of potential buyers eyeing Toshiba's lucrative memory chip business as the Japanese conglomerate seeks bidders to cover huge losses, a newspaper said today.

Sharp in talks with firms like Foxconn to divest in India arm

"Sharp Corporation has been holding negotiations with several companies regarding our initiatives for management reconstruction such as fundamental structural reforms of our LCD Panel business", Sharp India said in a BSE filing.

Sharp to accept Foxconn's over $5.9 bn offer: Sources

Hon Hai, also known as Foxconn and one of Apple's key iPhone assemblers, offered over 700 billion yen (USD 5.9 billion) for Sharp, more than double the amount of investment proposed by the fund, according to Japanese broadcaster NHK.

Foxconn offers $5.3 bn for Sharp, plans to keep management

Shares in the embattled electronics maker, which is considering a separate proposal from a state-backed fund, the Innovation Network Corporation of Japan (INCJ), jumped more than 20 percent after the report.

Sharp CEO says in talks with several firms about LCD biz

Despite a USD 1.7 billion rescue in May, its second major package in three years, persistent losses have meant Sharp is struggling to make the investments it needs to keep its screen business competitive.

Taiwan tech industry faces up to Samsung

Taiwanese companies have long viewed Samsung as a major threat and the battle has recently appeared to tilt in favour of the Korean...

Chinese police probe kickbacks by Foxconn managers

Hon Hai Precision has said it is working with Chinese police probing allegations that its employees solicited kickbacks from suppliers...