I Smell a Scam

The headline caught my attention immediately – “Exclusive: Foxconn reconsidering plans to make LCD panels at Wisconsin plant.” This story, from the highly respected Reuters News Agency, follows a series of articles on Foxconn’s growing business struggles in the wake … Continue reading

Foxconn Cuts 50,000 Jobs as iPhone Pain Continues

Hon Hai Precision Industry Co., the Apple, Inc. primary supplier better know as Foxconn, has cut more than 50,000 jobs as the pain from the dramatic drop in iPhone sales is taking its toll on the company. Not only that, … Continue reading

Apple Supplier Foxconn Hit Hard by iPhone Sales Drop

Taiwan’s GDP Declines Due to Apple Cuts Photo: Nikkei We have followed Foxconn for years now, first picking up on them in 2012 when news had emerged that a significant Apple supplier was having problems with employees committing suicide – … Continue reading

Foxconn’s Double Dose of Bad News

A Negative Financial Report & a New Wisconsin Governor Add to Headaches No doubt about it, Apple Inc. supplier Foxconn has had a really bad week. First, last Tuesday Wisconsin voters kicked Republican Governor Scott Walker out of office, replacing … Continue reading

Sharp Plans Major Investment in U.S., Paying Fealty to Trump

Sharp Corp., a subsidiary of Taiwan’s Hon Hai Precision Industry Co. which is better known as Foxconn, has said in Japan that it plans to make a major investment in the United States. This announcement precedes by just two days … Continue reading

Sharp Hit With Pushback; Hisense Refuses to Rescind Licensing Deal

Hisense is Said to be ‘Defiant’ News sources in Japan are reporting that Hisense has fired back at newly aggressive Sharp negotiating tactics, saying firmly it will not relinquish the licensing rights to the Sharp brand name in North & … Continue reading

Sharp Strikes Again – Terminates LCD Panel Supply to China’s Hisense

Sharp Parent Foxconn Appears to be Playing Global Hard Ball Just days after we told you about Sharp’s decision to stop supplying LCD panels to global TV leader Samsung – a decision that shocked many in Japan – apparently, they’ve done … Continue reading

Sharp in Negotiations to Buy Back Building Sold Only Months Ago

New Owner’s Moves Continue to Confound the Japanese Media News comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by … Continue reading

Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz

Sharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their … Continue reading

LCD Kingpin Sharp, Under New Management, Pursues OLED

Sharp to Cut Another 7,000 Employees Big changes are coming to Sharp, Corp. in the wake of their acquisition by Hon Hai Precision Industry Co – better known as Foxconn. News out of Japan notes that the deal between Sharp … Continue reading