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

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 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

Power Move: Sharp to Terminate LCD Panel Supply to Samsung

‘Samsung Scrambling to Find New Sources’ – Looks to LG The media in Japan positively exploded this week with the shocking news that Sharp has notified Samsung it will no longer supply the world’s top seller of LCD TVs with the … 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

Oh-Oh! In Wake of Sharp Purchase, Foxconn’s Orders are Dropping

The ink was barely dry on their $3.5 billion dollar acquisition of troubled Japanese giant Sharp Corp., when Foxconn’s CEO Terry Gou was forced to admit that overall orders for goods produced by the Taiwanese OEM manufacturer are dropping. Gou … Continue reading

Sharp Considering Cutting Another 1,000 Jobs

Company Says Idea is Their Own, Not A Foxconn Requirement Sharp Corp., the embattled Japanese manufacturer best known for LCD flat-panel televisions and soon to be division of Hon Hai Precision Industry Co., (a Taiwanese company better known as Foxconn) … Continue reading

On Saturday, Sharp Becomes Taiwanese

Savvy Negotiating by Gou Lands Him Sharp At a Discount The Boards of both Hon Hai Precision Industry Co. (better known as Foxconn) and Sharp Corp. have approved the acquisition of 66% of the outstanding shares of Sharp by the … Continue reading