Foxconn (Honhai) – Page 14

Foxconn Closes in on Sharp Deal

by Tom Allen

According to Reuters, Sharp has accepted Foxconn’s takeover bid, and the companies are aiming to finalise a deal by the end of the month. Foxconn is said to have been granted preferred negotiating rights. …

Gou ‘Confident’ About Sharp Offer

by Tom Allen

After talking directly to Sharp’s financiers (Gou Goes Direct to Sharp Lenders), Foxconn chairman Terry Gou has said that he is confident of his firm’s offer being accepted in a takeover bid. It is …

Gou Goes Direct to Sharp Lenders

by Tom Allen

‘A person familiar with the talks’ has told the Taipei Times that Foxconn chairman Terry Gou is taking his case for the acquisition of Sharp (Foxconn Ups Sharp Offer) directly to major lenders to …

Foxconn Ups Sharp Offer

by Tom Allen

Japanese media sources have said that Foxconn has made an offer of ¥625 billion ($5.3 billion) for Sharp (for previous coverage, see Hon Hai Linked to Sharp Buyout). The Japanese government is concerned about …

Hon Hai Linked to Sharp Buyout

by Tom Allen

Sources in Japan, including the Nikkei newspaper, claim that Hon Hai has proposed a purchase of the entirety of Sharp for ¥300 billion ($2.5 billion). The figure represents a 50% – 60% premium on …

Foxconn Chair Supports Tariff Elimination

by Tom Allen

Terry Gou, chairman of Foxconn, has said that the Chinese government should drop tariffs on LCD products shipped from Taiwan, from 5% to 0%. Korean makers do not pay these tariffs, so such a …

Tags:China| Foxconn (Honhai)| Large Display Monitor| Taiwan| Vol 22 - Issue 49

Foxconn Seeks to Become Display Maker

by Tom Allen

According to Chinese media, Foxconn plans to become a display maker itself in the future, rather than a pure OEM. The manufacturer has apparently invested CNY28 billion ($4.4 billion) in a G6 LTPS fab …

Tags:Foxconn (Honhai)| Mobile Display Monitor| Vol 22 - Issue 45

Taiwanese Makers Suffer Monthly and Annual Losses

by Tom Allen

AUO‘s unaudited consolidated revenue fell 7.1% MoM and 21.1% YoY in October, to NT$29.2 billion ($893,000). Shipments of large-size panels reached almost 8.9 million units (down 6.9% MoM) and small- to medium-size shipments fell …

SPIL/Foxconn Share Swap Rejected

by Tom Allen

Shareholders at Siliconware Precision Industries (SPIL) did not support a proposed share-swap deal with Foxconn Electronics. SPIL had intended to increase authorised shares from 3.6 billion units to 5 billion, and increase the limit …

Tags:Foxconn (Honhai)| Large Display Monitor| Mobile Display Monitor| Vol 22 - Issue 42

September Panel Revenues Fall, But Shipments Climb

by Tom Allen

Taiwanese panel makers have released their monthly results for September. AUO‘s revenues reached NT$31.4 billion ($965.5 million), up 3% MoM but down 11.8% YoY. The company shipped around 9.5 million large-sized (TV, monitor, notebook …

Foxconn and Innolux Consider Joint Expansion

by Tom Allen

Sources in Taiwan say that Foxconn and Innolux are considering whether to make a joint investment in a new G8.6 production fab in India. The facility, if built, would secure a more fully-featured supply …

Rumour: Foxconn Takes Stake in Sharp Display Unit

by Tom Allen

Foxconn/Hon Hai has signed a letter of intent to purchase a stake in Sharp’s LCD business – which would give the firm management control over the unit, say Bloomberg sources. The sources said that …