Posts tagged with: foxconn
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    Rumors surrounding an iPhone with an OLED display continue to grow strong. We've seen how Cupertino and Samsung have been slow dancing lately to the rhythm of a partnership that has stirred strong rumors surrounding this particular endeavor. We also know that Apple is not famous for placing all its eggs in one basket, and this is not the exception. Sources claim that Apple and Sharp will partner in order to bring a second supplier for the company's OLED plans in the future. If you've been following the facts though, you know that Sharp is one of Apple's existing display partners, but the ...

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    Ever since a factory explosion in Kunshan, China killed 146 people in 2014, it seems that the area's manufacturing industry has been on decline. While these plants still provide Taiwanese manufacturers with the components and materials needed to build products like the iPhone and other electronics, what you'll find less of these days is people. For example, Apple supplier Foxconn has done away with 60,000 jobs at a Kunshan plant formerly of 110,000 workers. The company has stated to the BBC that automation has taken over "many of the manufacturing tasks associated with our operations". ...

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    Instead of breathing fresh air into a slowly flagging family of mobile devices that was once synonymous with industry innovation and box-office success, Microsoft’s 2014-completed acquisition of Nokia’s phone business appears to have accelerated the downfall of Lumias and Windows Mobile. Meanwhile, Redmond didn’t even try to revive feature phones, accepting the market moved past the X lineup, Series 40 or Asha roster, so it shouldn’t come as a surprise the recently rumored offloading of that particular department has already materialized. Pending regulatory approval, of course, and ...

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    When factories make their moves all at once, you know that Apple has to be doing something funky. In this case, a tipster has forwarded a rumor clip to Mobipicker that details a change in strategy for Apple by not just releasing an iPhone 7 and an iPhone 7 Plus, but a third model — either called the iPhone 7 Pro or iPhone 7 Premium. We saw schematics leaked out for a supposed "iPhone Pro" and a deluge of computer-aided design leaks of what could be the next iPhone 7 and an iPhone 7 Plus, both with Smart Connectors. It seems that we in the media may have conflated the two phones. ...

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    Developing smartphones with OLED screens can be tricky. Manufacturing and distributing them on a large global scale is even harder. Until recently, it was also pricier to adopt the organic light-emitting diode technology than LCD, which is mainly why Apple waited so long to follow in Samsung’s footsteps. But in two years tops, essentially every analyst, pundit and tipster agrees Cupertino will bring to light the sharpest, brightest, prettiest iPhone yet, possibly with no visible display borders and fancy, elegant curves added in the design mix instead. Wait, two years? What happened with ...

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    Cellphones have been difficult for Microsoft to not only get into, but to maintain its presence in. The acquisition and subsequent disposal of Nokia's mobile hardware division was characterized as sad, mismanaged, misguided and inevitable, depending on who you talked to. Still, taking a $7.6 billion hit on the balance sheet and emptying 7,800 cubicles had to be addressing a weakness somehow. It may prove to have been not enough as VTECH out of ChinaMalaysia is reporting from its sources that Microsoft will sell its license to make Nokia-branded feature phones over to Foxconn this month. ...

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    The Indian government continues to be notoriously strict about foreign companies conducting business on its soil, recently caving under pressure from domestic smartphone makers and reportedly thwarting Apple’s efforts to sell pre-owned iPhones in the world’s second largest mobile market yet again. But of course, Cupertino can’t afford to hit the brakes when it comes to penetration of territories where iDevices are viewed as luxury items with unsatisfactory quality – pricing ratios. Not with the US, Europe and even China oversaturated, and its financials causing alarm among ...

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    With plenty of reservations and $3.5 billion, Foxconn finds itself the majority shareholder of Sharp. Now what will they do? "I am committed to make speedy investments in Sharp to help develop the next-generation display technology," Foxconn chairman Terry Gou said when the two companies met in Osaka to seal the deal. That display technology is OLED — something Samsung does so well in, it makes more than 95 percent of the market supply according to research firm Sigma Intell. As Apple is reportedly scouting out as many sources for as many displays as possible for an iPhone without an ...

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    It’s not easy to negotiate a good deal when you come off years of bad investments, operating losses and strategic mistakes making you lose touch with market trends and innovations, so let’s not act surprised Sharp didn’t get the capital injection it once sought in a takeover agreement with Foxconn. Not even close, in fact, as the world’s largest electronics contractor manufacturer pulled off the acquisition at a bargain price of 389 billion yen, down from the ¥700 billion it initially agreed to. That converts to roughly $3.5 billion, instead of $6.24B, which still sounds like a ...

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    Sharp has found its suitor to help the company out of its financial rut. And even after Foxconn watered down its offer after surveying even more of Sharp's financial liabilities it didn't learn about earlier, it looks like the offer was something the Japanese electronics manufacturer couldn't refuse. Sources for Reuters have relayed that Sharp will officially accept Foxconn's takeover bid, now worth in the neighborhood of ‎¥400 billion, down from the previously reported ¥489 billion ($4.3 billion) and once valued at ¥700 billion ($6.1 billion). Both companies will hold board ...

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    Japanese display maker Sharp's corporate board said yes to a $6.24 billion proposal from Taiwan's Foxconn. But Foxconn has decided to think over the deal further after Sharp suddenly submitted a list of approximately 100 contingent liabilities that could cost the company about $3.1 billion down the line. Foxconn is still prepared to finalize the takeover, something it has chased after since Sharp began asking for buyers, but stated it would need to digest and sort through the list first. We will have to postpone any signing of a definitive agreement until we have arrived at a satisfactory ...

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    The deal needs clearance from regulators and shareholders. It might even need to clear the court of the Japanese public opinion. Sharp's corporate board said yes to Foxconn's proposal to take over the company, one valued at ¥700 billion or $6.24 billion. The bid had outdone a government fund's buyout plan and now potentially takes a 103-year-old Japanese firm out of domestic ownership. Foxconn manufactures many of Apple's mobile products while Sharp provides the LCDs that go into them. The latter company has gone into deep financial trouble trying to turn around its production line from ...

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    The sorry financial state of tech conglomerate Sharp has left few options for its creditors and potential acquirers in Japan. But Taiwan-based Foxconn sees a chance to gain a brand name and a crack at making products for its own profit. Chairman Terry Gou told press that the company had signed for prioritized negotiating rights with Sharp as part of a bid to take over the company. Sharp released a statement contrary to Gou's assertion, but indicated it would be negotiating with Foxconn through the end of the month. Inside sources say that Sharp currently favors a Foxconn proposal worth ...

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    The few people left that are holding onto their iPhone 5s or other four-inch iOS device might see another iPhone that can fit their hands soon. We've talked about the growth from zero that the idea of an iPhone 6c had gone from vision to concretion. There's now more support and a countdown clock of sorts coming out of sources from high factories. Specifically, we've gotten word from Foxconn employees of a four-inch, vividly colored iPhone 6c that's being produced right now in conjunction with the iPhone 6s models. Bets are on Apple to gather enough inventory for a launch show in February, ...

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    Foxconn has been Apple's major partner for most of its iOS products over the last few years. Surely the company has gained some bad publicity as a sweat shop in recent years, but after all those rumors faded, it still doesn't change the fact that it has enabled Apple to meet iPhone demand across the world. After hearing that Apple scored major records with the iPhone 6s, it seems the company is not alone. Foxconn has just announced that it reached $318.4 million in revenue, and claims that this success is mainly due to the iPhone 6s. This is a 30% rise in revenue when compared to last ...

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    Apple, Microsoft, Sony, Acer, Nokia, Toshiba, Xiaomi, Huawei, Lenovo, are just a few of Foxconn's largest clients. Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group, is a Taiwanese company that also happens to be the world's largest electronics contractor manufacturer. At a recent company shareholder meeting, the company's chairman, Terry Guo, made some reassuring statements. According to Guo, this year, in 2015, Foxconn will become the world's largest desktop, tablet, and smartphone OEM (original equipment manufacturer) / ODM (original design manufacturer). ...

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    The iPhone 6 Plus has garnered a lot of fame lately, and that's not for the reasons you'd think. In addition to being Apple's biggest iPhone ever, it's also the one that Apple has struggled most to produce. We've learned that Apple's biggest hurdles are in building the display for the phablet, something that comes as a complete irony since big displays on phones have existed for a while already, and yet, something which Apple is already looking to solve for the future. Bloomberg is reporting that Foxconn's display subsidiary Innolux is investing $2.6 billion in building a new factory to ...

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    Last winter was an exciting time for Windows Phone fans. Microsoft was all up in MWC’s bidness and name dropping like a drunk bathroom attendant. We heard about all of these OEMs that had sworn a blood oath – okay, it might have been ink – to bring forth Windows Phone upon it markets in broad fashion making Windows Phone the envy of all other platforms. That might be reading between the lines a bit, but that was basically the gist of it. So here we are, almost five months later and we here at the Pocketnow feeding trough started thinking – “Where the heck are all those OEMs we ...

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    Yes, WWDC 2014 is over, and yes, if you were expecting the event to shed some light on Apple's hardware in the future, you'll sadly be disappointed. The company spent two hours showcasing what we can expect for the future of its software offerings, but those of you expecting hardware will have to wait until Apple's usual fall events. Still, that Apple's partners aren't making some official statements, one that happened today is kind of a shocker. Rarely do we see Apple's partners officially announce that they are working on an Apple product, and specially a product that hasn't been ...

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    Watch today's Pocketnow Daily as we talk about the launch of the HTC Desire 310, along with the rumors of an AT&T HTC Desire 610, and the recent photo leaks of the HTC M8. Then we talk about the iPhone 5c, and how its inventories have completely disappointed Apple. Then we talk about the recent rumors that Foxconn expects 90 million iPhone 6 orders from Apple. We also go through what to expect from Apple's A8 chip, which is rumored for the iPhone 6. Samsung follows the news as we have rumors of the price tag for the Gear 2, the Gear 2 Neo and the Gear Fit. We end today's show talking ...

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    Apple has broken its records year-over-year with the iPhone, even though not every one of its iPhones has had the same luck. That being said we have lots of reports of Apple launching its next-generation iPhone 6 in the next couple of months, and some expect the changes to be big. Rumors mention a bigger and more powerful iPhone, and some new ones point to Apple betting big on this release. Foxconn electronics, major manufacturer for Apple's higher-end iPhones, is apparently expecting orders of as much as 90 million iPhone 6 units in 2014 according to the Chinese-language Commercial ...

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    When Microsoft announced its intention to absorb Nokia's devices and services group last year, many wondered what effect the $7.2B acquisition would have on the company's relationship with its Windows Phone hardware partners. It's a sensible question (how can a company endorse partners' hardware while also building its own?) and it's one Microsoft addressed directly on its Windows Phone blog. Today, Microsoft has backed up its commitment to Windows Phone diversity by announcing nine new hardware partners for its mobile OS. The list of vendors is largely made up of Chinese and Indian ...

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