Microsoft sells Nokia to Foxconn
Published in Mobiles
Wednesday, 18 May 2016 13:53

Microsoft sells Nokia to Foxconn


Pretty much as we predicted

Microsoft has confirmed that it is selling its featurephone business to manufacturing company Foxconn for $350 million.

Microsoft might flog Lumia to Foxconn
Published in Mobiles
Monday, 16 May 2016 13:22

Microsoft might flog Lumia to Foxconn


Feature phone surrender


There is an interesting rumour circulating which suggests that Microsoft looking to shut down Lumia smartphone business and sell Nokia brand to Foxconn.

Foxconn denies tax evasion
Published in News
Monday, 11 April 2016 11:01

Foxconn denies tax evasion


Caught up in Panama

Apple’s favourite business partner appears to have caught up in an accusaion that it is following the fruity cargo cult’s habit of hiding income in off-shore operations.

Falling iPhone sales hit Foxconn’s bottom line
Published in News


Apple addiction causing a few problems

Foxconn saw its net profit fall as interest in it is key partner, Apple, falls.

Foxconn buys Sharp
Published in News
Wednesday, 30 March 2016 11:51

Foxconn buys Sharp


Reduced the price

After much messing around, Foxconn has finally agreed to buy Sharp at a 20 per cent discount.

Sharp warns on profits as Foxconn deal drags on
Published in News


Foxconn expected to lower its offer

Sharp has warned that its annual earnings were likely to fall short of its official guidance citing a slowing China market just as Foxconn is expected to lower its offer for the loss-making Japanese display maker.

Foxconn bails out Sharp
Published in News
Thursday, 25 February 2016 10:25

Foxconn bails out Sharp


Writes $5.8 billion cheque

Sharp has accepted Foxconn's offer and will be acquired for $5.8 billion.

Foxconn to take over Sharp
Published in News
Monday, 08 February 2016 12:12

Foxconn to take over Sharp


Wants a Sharp note before it goes flat

Foxconn is certain to pay more than $5 billion to get Sharp and its display business.

Foxconn primary iPhone manufacturing plant goes up in flames
Published in News


Fire is contained for now

Last night at Foxconn’s main manufacturing plant in Zhengzhou, east-central China, a large fire broke out spanning several floors of the building and prompting an emergency evacuation procedure.

Companies suffer as Apple slashes production
Published in Processors
Wednesday, 06 January 2016 11:50

Companies suffer as Apple slashes production


Apple bubble bursting

The industry leaders who depended on Apple to continue making shedloads of money peddling similar products each year are suffering as Apple slashes production as people no longer want their main product – the iPhone 6s.