Foxconn (Honhai) – Page 12

Foxconn Absorbs Smart

by Tom Allen

Smart Technologies has agreed to an acquisition offer by Foxconn, for $4.50 per share (a 21% premium over the average trading price). The deal is worth $200 million.

Tags:Foxconn (Honhai)| Large Display Monitor| Mergers & Acquisitions| Smart Technologies Inc| Vol 23 - Issue 21

Microsoft Sells Off Feature Phone Business

by Tom Allen

Microsoft has announced that it will sell its feature phone assets to Foxconn subsidiary FIH Mobile Ltd and HMD Global, Oy. The deal is valued at $350 million. As part of the agreement, FIH …

Innolux and Sharp See Changes at the Top

by Tom Allen

Foxconn has begun to integrate Sharp’s display business with its Innolux subsidiary, with a focus on IGZO TFT-LCDs and OLEDs. Innolux chairman and CEO Tuan Hsing-chien resigned from his positions at the firm last …

Foxconn Slightly Down in April

by Tom Allen

Foxconn’s April revenues were down 5.1% MoM and 8.5% YoY in April, to NT$322.4 billion ($9.9 billion). In the first four months of the year, revenues fell 6.3% to NT$1.3 trillion ($39.8 billion).

Tags:Financial Data| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 19

Sharp Releases More Information

by Bob Raikes

We caught up with Sid Stanley, General Manager, Europe – Visual Solutions, of Sharp to get an update on the Sharp/Foxconn deal. Stanley, who is always very upbeat about the business, was positive about …

Taiwanese Panel Makers Slip in Annual Comparison

by Tom Allen

AUO shipped 9.6 million large panels and 14.8 million small panels in March, with sales rising 35% and 26.6% MoM, respectively. In the first quarter, these figures were 24.4 million large (down 11.5% QoQ …

Foxconn Denies Panama Links

by Tom Allen

Foxconn has been implicated in tax evasion as part of the ‘Panama Papers’ scandal, which broke this month. It is said that the company has evaded taxes valued up to NT$741.2 billion ($22.9 billion). …

Tags:Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 14

Foxconn Details Sharp Share Split

by Tom Allen

Foxconn has revealed exactly how its shares of Sharp will be split, following the company’s acquisition. Hon Hai Precision will invest ¥114.4 billion ($1 billion) for a 26.14% share; Foxconn (Far East) Ltd. will …

Analyst: Sharp OLEDs by 2020

by Tom Allen

Yasuo Nakane, an analyst at Japan’s Mizuho Securities, has said that 2020 would be “a realistic timeline” for the newly-merged Foxconn-Sharp to begin producing OLED displays. Sharp has previously researched OLEDs but has concentrated …

Sharp & Foxconn Tie the Knot

by Bob Raikes

So, Sharp & Foxconn have finally tied the knot. There is some logic to the deal as Sharp gets access to a vertical customer for its small panel business in particular and Foxconn gets …

Foxconn Raises Chinese Investment

by Tom Allen

Foxconn is to deepen its investment in several companies in China, covering industries including handsets, glass and optical lenses. The investments will total $1.65 billion. $1.5 billion of this will go to a subsidiary …

Foxconn Result 31/03/2016

by Dhruv Dayal Gupta

Foxconn reported 2015 net profit of NT$164.3 billion ($5 billion). Turnover was NT$4.4 trillion (US$136.4 billion). For the first two months of 2016, turnover was NT$618.3 billion ($18.8 billion), down 8.55% YoY.

Tags:Financial Data| Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 23 - Issue 13