Reduced the price
After much messing around, Foxconn has finally agreed to buy Sharp at a 20 per cent discount.
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.
Writes $5.8 billion cheque
Sharp has accepted Foxconn's offer and will be acquired for $5.8 billion.
Wants a Sharp note before it goes flat
Foxconn is certain to pay more than $5 billion to get Sharp and its display business.
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.
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.
Outlook is cloudy
Foxconn and the Czech Republic-based KKCGare building a new datacente in Prague to cash in on the cloud.
In the shops in first quarter
The Fruity cargo cult Apple so loved the way its Apple TV took off this year without requiring much of the way of new features, that it is planning to do the same thing again early next year.
One owner, old lady used it to SMS her grandson
Foxconn is piling cash into the second-hand smartphone market as part of its efforts to promote environmental protection globally.
Better late than never
Fruity Cargo cult Apple is so desperate for ideas it is trying to update itself using OLED technology from its rival Samsung which is used in most high-end Android smartphones.