Japanese consortium with deep pockets might win
Toshiba has named a consortium made up of the Innovation Network of Japan, Bain Capital and Development Bank of Japan, as the preferred bidders for its memory business.
New robot plants in US
Foxconn has announced an investment project, the Flying Eagle, in the US which will feature robotic plants and other projects.
Gou calls in a few mates
Apple and Amazon have signed up to help the Foxconn bid for Toshiba's semiconductor business.
Second half of 2017 with products in 2018
Despite shedloads of delays and technological bottlenecks micro LED products will start to arrive in the second half of the year with full production ready for 2018.
Involved parties will need to invest around $871 million
Foxconn Electronics, the world’s largest contract manufacturing company, has announced a deal with a handful of China-based companies to build a regional production facility for Amazon, according to local sources within the industry.
Still up 18 percent over February following iPhone order cuts
Foxconn Electronics, the world’s largest contract manufacturer and third largest technology company by revenue, reported consolidated revenues of NT$341.69 billion in March 2017, an increase of nearly 18 percent over February and nearly 2 percent year-over-year.
Company seeks to increase focus on high-margin components
Foxconn Electronics, the world’s largest contract manufacturer and third largest technology company by revenue, reported net profits of NT$68.766 billion ($2.17 billion) for the fourth quarter of 2016, its highest ever quarterly level since being founded in February 1974.
Recovering from a list of multi-billion dollar writedowns
According to a recent Chinese-language report, TSMC and Foxconn Electronics are partnering up to place bids for shares of Toshiba’s memory business after the company dealt with a major loss in its devices and components business last year amid a drop in global memory prices. And problems with nuclear matters.
Stainless steel reinforced frame, and a higher price
Apple’s upcoming flagship iPhone, set to be released with a rather large 5.8-inch display size, is expected to adopt a chassis made of reinforced glass with a stainless steel metal frame, according to sources from within the upstream supply chain.
Sharp co-operation is not done and dusted
While the press has made much of Foxconn’s plans to co-operate with Sharp to build a new panel plant in the US, the deal is so far from being done and dusted it is increasingly looking unlikely.