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Sharp has mortgaged its offices and factory buildings in order to raise the cash it needs to stay in business, according to Reuters. It's cut a deal with banks for nearly $2 billion in short-term credit secured on its assets -- including the factory that reportedly produces displays for the iPhone...

September 6th 2012 at 6:41am 0 Comments
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137,000 iPhones per day. That's how many manufacturer Foxconn is reportedly making these days, its chairman tells the press. That's an amazing figure adding up to 50 million iPhones every single year, even as Apple struggles to keep enough hardware in stock. And the process isn't easy, either -- ch...

September 15th 2010 at 4:30pm 0 Comments
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As you might imagine, becoming the dominant player in electronics component manufacturing in China -- particularly at a time when competition has never been fiercer -- takes a particular personality type, and after reading BusinessWeek's profile of Foxconn founder Terry Gou, you get a very real sen...

September 10th 2010 at 1:59pm 0 Comments
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We've been struggling to wrap our heads 'round this whole Foxconn imbroglio since the beginning, and while we're pretty skeptical about any official reports we'd be remiss if we didn't mention that the Human Resources and Social Security Ministry in China was looking into the thing, and that they'l...

June 15th 2010 at 2:42am 0 Comments