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Instead of hiring the blue-collar workers Trump promised to put back to work, Foxconn is now instead planning to recruit researchers, designers and engineers into a "technology hub" rather than opening a factory - a move that caught state officials off guard.
CNN
Apple's largest iPhone assembler, Foxconn Technology Group, is considering producing the devices in India, people familiar with the matter said, a move that could reduce Apple's dependence on China for manufacturing and potentially for sales.
Wall Street Journal
The scale of the cuts is not necessarily deeper than previous years, it is simply significantly earlier, the report said, citing an industry source familiar with the situation.
Reuters
Electronics maker Sharp has said it will spin off its semiconductor business, possibly in April 2019.
The Japan Times
Apple will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter.
Reuters
Top iPhone assembler Foxconn Technology is preparing to launch a $9 billion chip-making project in China as tensions intensify between Washington and Beijing over China's tech ambitions.
Nikkei Asian Review
The lead attorney for the group of Apple device assemblers seeking at least $9 billion in damages from Qualcomm
Reuters
The iPhone assembler said earlier this year that the Sino-US trade spat was the biggest challenge it is facing, and its high-level managers were making plans to counter the impact
South China Morning Post
Apple has signaled disappointing demand for the new iPhone XR, telling its top smartphone assemblers Foxconn and Pegatron to halt plans for additional production lines dedicated to the relatively cost-effective model that hit shelves in late October, sources say.
Nikkei Asian Review
Foxconn Technology Group, the world's largest electronics contract manufacturer, plans to establish semiconductor-related operations in Zhuhai under a pact it signed on Thursday with the southern Chinese coastal city's government.
South China Morning Post
After many false starts, the Maharashtra government and Foxconn are likely to sign a deal under which the world's biggest contract manufacturer of consumer electronics will finally set up a manufacturing hub in the state.
Economic Times
The head of Taiwan's Foxconn, which assembles Apple iPhones and other tech products, says Washington's conflict with Beijing is over technology rather than trade.
U.S.News
Google has discussed building its phones for the first time with Hon Hai Precision Industry Co., also known as Foxconn, the same manufacturer that assembles iPhones, one of the people said.
Bloomberg
Sharp earned a net profit of JPY70.2 billion (US$642 million) for the year ended last month, it said Thursday, as robust profits from LCDs helped break a three-year run of losses despite weak orders related to Apple's iPhone X. The Osaka-based electronics maker booked a net loss of JPY24.8 billion a year earlier.
Nikkei Asian Review
Sharp swung to a JPY55.3 billion (US$506 million) net profit for the nine months ended in December 2017, as strong sales of tablet screens drove a recovery by LCD operations. The Japanese electronics maker, a unit of Taiwan's Hon Hai Precision Industry, or Foxconn, had logged a JPY41.1 billion net loss in the year-earlier period.
Nikkei Asian Review
Apple will halve its production target for the iPhone X in the three-month period from January from the figure of over 40 million units envisaged at the time of its release in November.
Nikkei Asian Review
Foxconn, a main supplier for Apple's iPhone, says it has stopped interns from working illegal overtime at its factory in China. It comes after a Financial Times report found at least six students worked 11-hour days at its iPhone X plant in Henan province.
BBC News
Apple found that its main supplier in Asia has been employing high-school students working illegal overtime to assemble the iPhone X.
Chicago Tribune
Spurred by Foxconn Technology Group and its plans for a mega-factory in Racine County, state highway planners are studying the possibility of including special lanes for driverless vehicles on I-94.
Journal Sentinel
Apple quietly told suppliers they could reduce the accuracy of the face-recognition technology to make it easier to manufacture, according to people familiar with the situation.
Bloomberg
Foxconn plans to make approximately US$1.4 billion in supply purchases in Wisconsin annually once its LCD panel campus is fully operational, a figure more than three times the combined in-state supply purchases made by Marinette Marine Corp., Quad/Graphics Inc. and Oshkosh Corp.
BizTimes.com
Fujitsu is looking to offload its mobile phone operations, becoming the latest casualty of growing competition in the once highly lucrative market, where Japanese players are finding it increasingly difficult to keep up with global giants.
Nikkei Electronics Asia
Toshiba's board will meet on Wednesday to consider offers for its chip unit from Western Digital and Taiwan's Foxconn in addition to a bid from a consortium that was previously favorite, a source familiar with the matter said. Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt US nuclear business Westinghouse.
Reuters
Foxconn chairman Terry Gou told Nikkei Asian Review about the arrangements in an exclusive interview, a week after he said that Apple and Amazon were financially backing Foxconn's efforts in vying for Toshiba's memory chip unit.
Nikkei Asian Review
Apple and computing giant Dell will join a Foxconn-led consortium bidding for Toshiba's highly prized chip unit, the CEO of the world's largest contract electronics manufacturer told Reuters on Monday.
Reuters UK
Taiwan's Foxconn has asked for SoftBank Group's cooperation in its bid for Toshiba Corp's prized memory chip unit, the Nikkei business daily reported on Friday.
Reuters
Struggling Toshiba's planned semiconductor business sell-off has attracted bids of more than JPY2 trillion ($18.1 billion) from two foreign companies.
Asahi.com
Taiwan's Foxconn, the world's largest contract electronics maker, is not a favored bidder for Toshiba's memory chip business due to its close ties with China, sources with direct knowledge of the deal said.
Reuters
A Donald Trump campaign sign remains atop a pile of gravel in Harrisburg, Penn, where Foxconn said in 2013 it'd build a $30 million factory. It didn't happen, but more promises have returned. "Foxconn is going to spend a tremendous amount of money on building a massive plant," Trump said, "and probably more than one."
Washington Post
Industry watchers predicted SK Hynix may join hands with Taiwanese company Foxconn, also known as Hon Hai Precision Industry, to acquire Toshiba's chip business. Foxconn's Chairman Terry Gou has been "very serious" about bidding for Toshiba's memory chip business.
Korea Herald
TetraVue, a company setting out to arm autonomous cars with ultra high-resolution 3D image-capturing smarts, announced it has raised $10 million from Robert Bosch Venture Capital, Nautilus Venture Partners, Samsung Catalyst Fund, and Foxconn.
Venturebeat
Toshiba has received bids from South Korea's SK Hynix, Taiwan's Foxconn, private equity fund Silver Lake and at least three other groups for a minority stake in its profitable memory chip business, according to people close to the negotiations.
The Financial Times
Business weekly Toyo Keizai reported that Taiwan's Foxconn, the world's largest contract manufacturer, is interested in either taking a stake in or buying some of Toshiba's businesses.
Reuters India
China's government has conveyed its concern over Foxconn Technology Group billionaire Terry Gou's plan to expand the Apple assembler's operations in the US after President-elect Donald Trump takes office, people familiar with the matter said.
Bloomberg
Corephotonics, an Israeli maker of dual camera technologies for smartphones, said on Wednesday it raised $15 million in a funding round that included Samsung Ventures, iPhone manufacturer Foxconn and chipmaker MediaTek.
Reuters
Japanese have been reluctant to split up their industrial empires, as the Sharp case shows, but if Tai can navigate the choppy waters of bruised egos and fiscal prudence to bring this turnaround to fruition then there's hope for the rest of the country. If Tai and Gou can't pull it off, there have to be doubts that anyone can.
Bloomberg
Foxconn Technology, which manufactures Apple's iPhone and other products, said it is in talks to expand in the US. The statement comes amid President-elect Donald Trump's push for a return of manufacturing to the US.
Wall Street Journal
Nikkei Electronics Asia
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