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Reuters is reporting that Hon Hai, the manufacturer that everyone else knows as Foxconn Technology, saw its sales tumble in the first quarter of this year. In the post-Christmas season, the iPhone maker brought in $26.9 billion -- a fall of 19 percent compared to the same quarter last year. It's a...

April 10th 2013 at 8:36am 0 Comments
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Hon Hai Precision, also known as Foxconn Technology, has reported its earnings for the year and notched a net income of $3.2 billion according to the Financial Times. Most familiar as the manufacturing muscle behind Apple's iPhones, iPads and the like, the Taiwan-based manufacturer beat analyst pr...

March 26th 2013 at 2:01am 0 Comments
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Much of the business news out of Japan from Sharp hasn't been good, but for now at least it's worked out a loan agreement to keep rolling. It's still pursuing a deal with manufacturer Hon Hai Precision Industry / Foxconn that would provide a much-needed injection of capital, but those talks have r...

September 28th 2012 at 1:14am 0 Comments
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Sharp and Hon Hai Precision, parent company of Foxconn, are partnering to improve the LCD manufacturing process for the iPhone. A report by Reuters points to Nikkei business daily report that says Sharp is helping Foxconn outfit a new Chengdu plant with the latest LCD manufacturing technology....

May 25th 2012 at 11:30am 0 Comments
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The iPhone 3GS is still being sold in the US and other countries, but by the time the next-generation iPhone appears later this year the 3GS will be getting a little long in the tooth. Jefferies & Company analyst Peter Misek says that Apple has apparently signed a deal with a global distrib...

May 21st 2012 at 5:00pm 0 Comments
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China Daily is claiming that Foxconn will pump $210 million into building a production line in China's Jiangsu province. Local authorities have stated that the plant in Huai'an city will produce components for Apple, no doubt heralding a raft of rampant speculation as to Cupertino's intentions. Th...

May 21st 2012 at 9:47am 0 Comments