Foxconn chairman guarantees investment in Sakai Factory is virtually risk free

Jul 5, 01:30

Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Guo has reportedly pledged his own 160,000,000 shares in the company to accumulate a fund for investments in Sharp's...

Foxconn says no to rumors of planning to seek strategic investment from clients

May 17, 01:00

Foxconn Electronics (Hon Hai Precision Industry) has refuted a rumor the company plans to form strategic alliances via mutual investments with clients such as Apple and Hewlett-Packard...

Foxconn sees over 35% on-year growth in 1Q12 revenues; gross margin down to 6.64%

May 15, 14:08

Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$1 trillion (US$33.9 billion) for the first quarter of 2012, up 37.3% on year from NT$729.26...

Intel to launch next-generation Xeon processor by the end of 2Q12

Apr 19, 01:25

Intel is set to release its next-generation Xeon processor at the end of the second quarter. Since Nvidia and AMD will also release graphics cards that feature PCI Express Gen.3 in...

HP to establish printer production line with Foxconn in Chongqing, China

Apr 19, 01:20

Hewlett-Packard (HP) has announced it will cooperate with Foxconn Electronics (Hon Hai Precision Industry) to establish production lines in Chongqing, China for printer manufacturing...

Foxconn to subscribe to CMI new shares

Mar 28, 16:12

Foxconn Electronics (Hon Hai Precision Inudstry) and its associated companies will subscribe to new shares to be released by Chimei Innolux (CMI) in 2012-2014 based on the portion...

Pegatron achieves net profit in 2011

Mar 20, 01:30

The Board of Pegatron Technology has passed the company's financial report for 2011 with net profit reaching NT$110 million (US$3.72 million) and earning per share (EPS) of NT$0.05,...

Supply chain players facing more pressure from Foxconn increasing salary of factory workers

Feb 21, 01:35

As Foxconn Electronics (Hon Hai Precision Industry) has recently revealed it will raise its minimal salary 16-25%, supply chain players pointed out that Foxconn's salary rise is making...

Pegatron lands notebook orders from HP

Feb 9, 01:10

Pegatron Technology has recently landed notebook orders from Hewlett-Packard (HP). With its existing orders from Toshiba and Acer for 2012, the company's shipments are expected to...

Component players see different worker return rates after Lunar New Year

Feb 7, 13:58

Foxconn Electronics's (Hon Hai Precision Industry's) plants in Shenzhen, Chongqing and Zhengzhou, China have all reportedly seen over 90% of their employees return to work after the...

Foxconn enjoys recruitment crowds

Feb 2, 01:20

Foxconn Electronics (Hon Hai Precision Industry), despite being named a fear factory by the US media, still attracted large amounts of people in China looking for work, and the company's...

Wistron LCD TV shipments to slide 40% in 1Q12, says paper

Newswatch - Jan 31, 12:38

Wistron is expected to see its LCD TV shipments slide by 40% sequentially to 1.2 million units in the first quarter of 2012 as rival Foxconn Electronics (Hon Hai Precision Industry)...

Foxconn reports record high December revenues

Jan 11, 01:30

Foxconn Electronics (Hon Hai Precision Industry) reported unconsolidated December revenues of NT$316.944 billion (US$11 billion), a 3.17% increase on month and 29.53% increase on...

Foxconn enters solar market

Dec 21, 14:13

Taiwan-based Foxconn Electronics (Hon Hai Precision Industry) has announced a plan to invest US$30 million to set up a firm that produces solar cells. The firm will be located in...

CMI likely may relocate OEM business to Foxconn after restructuring, say sources

Dec 6, 11:36

While the corporate restructuring at Chimei Innolux (CMI) touched off by the resignation of its chairman Liao Ching-siang is still underway, recent market speculations have indicated...

Chimei Innolux still awaits for syndicated loans

Nov 29, 15:18

The road for debt-laden flat panel maker Chimei Innolux (CMI) to secure a planned syndicated loan still remains bumpy, with sources indicated that the syndicated loan has been blocked...

Foxconn to land more ODM TV orders from Sony in 2012; to compete with TPV for top-ranking

Nov 16, 15:02

The ranking of Taiwan-based LCD TV ODMs may undergo a major shift in 2012 due to increased outsourcing from Sony as well as Sony's switching part of its orders from Wistron to Foxconn...

Cooperation with Foxconn ongoing, says GCL-Poly

Nov 16, 01:25

Foxconn (Hon Hai Precision Industry) plans to enter the solar market through cooperation with China-based GCL-Poly. Rumors of delayed cooperation have been circulating in the market...

Foxconn September revenues up on month

Oct 11, 10:48

Foxconn Electronics (Hon Hai Precision industry) has reported non-consolidate revenues of NT$221.780 billion (US$7.45 billion) for September, growing 3.43% on month but dropping 12.50%...

Pegatron may see future iPhone 4S orders drop

Oct 6, 01:00

Pegatron Technology, despite already having landed orders for 10 million iPhone 4Ss from Apple, may see its future iPhone 4S order volumes start dropping as consumer demand for the...

Taiwan-based solar firms may not benefit from increasing demand in China

Sep 30, 11:41

China has strong determination to conserve energy and promote renewable energy sources from the announcement of the 12th five-year plan. The solar industry has been looking forward...

Foxconn refutes rumors of staff cuts

Sep 29, 01:20

Foxconn Electronics (Hon Hai Precision Industry), has denied recent market rumors that company chairman Terry Guo hopes to cut the company's workforce by 30% over the next five years...

Foxconn to issues corporate bonds worth NT$6 billion

Sep 8, 01:35

Foxconn Electronics (Hon Hai Precision Industry), on September 8, decided to issue corporate bonds worth NT$6 billion (US$206.11 million). This will be the fourth time in 2011 that...

Samsung reportedly contacted Taiwan OEMs for evaluating notebook outsourcing

Aug 23, 01:10

Korea-based notebook brand vendor Samsung Electronics has reportedly contacted Taiwan-based notebook makers Quanta Computer, Compal Electronics and Pegatron Technology in August to...

Foxconn to cooperate with GCL-Poly and Hareon Solar, says report

Aug 22, 15:15

Foxconn (Hon Hai Precision Industry) is reportedly developing cooperation with China-based polysilicon and solar wafer provider GCL-Poly and solar cell firm Hareon Solar to set up...

Foxconn sees 17% on-year growth in July revenues

Aug 11, 01:20

Foxconn Electronics (Hon Hai Precision Industry) has announced revenues of NT$229.45 billion (US$7.92 billion) for July, up 0.45% on month and 16.97% on year.

Foxconn withdraws patent lawsuit against Suyin

Aug 9, 11:26

Foxconn Electronics (Hon Hai Precision Industry) has withdrawn a patent lawsuit filed last year against Taiwan-based connector maker Suyin, the defendant said on August 8. Suyin added...

Low demand in TV market might cause Taiwan-based OEM firms to miss shipment targets

Aug 8, 15:41

Low demand in the TV industry has been causing many branded TV firms to lower shipment targets for 2011. Industry sources pointed out global shipments might decrease to 201-210 million...

Japan-based TV brands to account for 30% of AUO sales in 2H11

Aug 2, 01:20

Demand for LCD TVs has been soft and the financial performance from Japan-based firms has been less than expected. However, according to AU Optronics (AUO), orders from Japan-based...

Foxconn cooperates with Synnex for China motherboard market

Aug 2, 01:15

Taiwan-based electronics manufacturing service (EMS) provider Foxconn Electronics (Hon Hai Precision Industry) has announced it will form a strategic alliance with channel retailer...

Notebook players to mass produce ultrabooks in September

Jul 26, 01:25

First-tier notebook players including Hewlett-Packard (HP), Acer, Asustek Computer, Dell and Lenovo are all set to launch ultrabooks in the second half of 2011 with mass production...

LCD TV outsourcing set to double as competition intensifies, says IHS iSuppli

Jul 22, 12:34

Worldwide production of LCD TVs conducted by contract manufacturers is expected to nearly double from 2010 to 2015, as plummeting prices and eroding margins force many brands to outsource...