Times of India — BEIJING: Contract electronics maker Foxconn plans to build a new processing base in northwest China’s Gansu province, indicating the tech giant’s further expansion on the inland market. Foxconn Technology Group, the main supplier to tech giant Apple, inked a cooperation deal with Gansu Radio and Television Network Co Ltd, agreeing to establish a joint electronics processing base in the provincial capital Lanzhou, Xinhua reported.
Digi Times — Shenzhen-based NxEra, a subsidiary of Foxconn Electronics, has set up a joint venture with a subsidiary of China Central Television (CCTV) for providing IoT-based video services, according to a media report in China. NxEra is a mobile connected cloud platform set up in 2014 focusing on development of IoT technologies for recruitment, logistics, footprint, cash flow, information flow and technology flow applications, according to company data.
Apple’s major supplier, Foxconn, plans to build solar power generators with around twice the capacity of those announced by Apple, starting in central China’s Henan province, by 2018. We hope that many other suppliers, partners and other companies join us in this important effort. Apple said it will share its best practices in procuring clean energy with its Chinese suppliers.
Digi Times — Optimizing its capital, manufacturing capability and integrated supply chain, the Foxconn Group has accelerated its entry into innovative product segments, rolling out a number of devices, including smart accessories, smart bicycles and voice-controlled small-size robots, according to industry sources.
Digi Times — Taiwan’s revenues for server motherboards, servers, storage devices and related network equipment are expected to rise 4.7% on year to reach NT$494.3 billion (US$15.28 billion) in 2015. The growth will be weaker than that seen in 2014 and 2013, as enterprises have not invested in server products as much as expected. Global server shipments are also expected to drop 6.3% from the 2014 level to reach only 9.71 million units in 2015, according to Digitimes Research’s new report on the server sector.
Network Asia — AliCloud, Alibaba Group’s cloud computing arm, has announced strategic partnerships to support start-ups and develop cloud solutions for secure data communications through quantum cryptography. AliCloud and Hon Hai’s Foxconn Technology Group have revealed a collaboration to foster small, medium and micro enterprise (SMME) success.
Digi Times — Foxconn Electronics (Hon Hai Precision Industry) has announced it will cooperate with China-based Alibaba to provide more services for their jointly established fund-raising platform for start-up companies. Foxconn will provide its design, R&D, supply and smart manufacturing abilities, while Alibaba will offer its cloud computing platform and big data processing to help start-ups manufacture high-quality products, according to the companies at a conference in China.
Digi Times — Commenting on Foxconn Electronics’ (Hon Hai Precision Industry) current plans for the 5G industry during the 12th Cross-Strait Information Industry and Technology Standards Forum, Foxconn vice president Lu Fang-ming said that Foxconn will mainly focus on small cell, remote radio head (RRH) module and Cloud radio access network (Cloud RAN) applications, looking to have in-house developed basic technologies and will then gradually push into patent and products, following cross-strait government policies.
Digi Times — TOKYO: Taiwan’s Hon Hai Precision Industry offered to buy Sharp Corp’s struggling liquid panel display business and plans to seek funding from Apple Inc, the Nikkei business daily reported. The report did not specify how much Hon Hai, also known as Foxconn, was willing to pay for the loss-making operations, but said it would seek funding from Apple, a key Sharp customer.
Asustek Computer, in addition to its existing ODM partners Pegatron and Quanta Computer, will have Foxconn Electronics (Hon Hai Precision Industry) make its ZenFone smartphones for the Brazil and India markets, and Arima Communications do so for the Indonesia market, according to Taiwan-based supply chain makers.
Digi Times — Total shipments of iPhone devices, including updated iPhones which are to be unveiled shortly, are expected to total 45-50 million units in the third quarter of 2015 and hit 70-80 million in the fourth quarter, according to sources from Taiwan’s iPhone supply chain.
Taiwan’s Foxconn Technology Group, the world’s biggest electronic component maker, known as Hon Hai in Taiwan, is in talks with German industrial group Siemens AG to develop digitalized manufacturing in its production facilities. Ken Cheng, vice president of Siemens Taiwan, said Thursday that Foxconn chair Terry Gou spent 90 minutes at the Siemens booth at the Hannover Messe trade show in April this year.
Digi Times — Foxconn Electronics (Hon Hai Precision Industry) is expected to expand its cooperation with Korea’s SK Group to include semiconductors, telecom services and energy, in addition to current cooperation focusing on IT services and ODM handset production, according to industry sources.
Digi Times — Siliconware Precision Industries (SPIL) expects its strategic partnership with Foxconn Electronics for developing SiP (system-in-package) packaging technology to begin bearing fruit within one year, according to company chairman Bough Lin. SPIL recently announced plans to form a strategic alliance with Foxconn, which will become the largest shareholder of the IC backend firm through share swaps.
Digi Times — China-based smartphone vendor Xiaomi reportedly is planning to launch a notebook in 2016 and is currently developing the device jointly with its ODM partners Inventec and Foxconn Electronics (Hon Hai Precision Industry). So far, the notebook’s mass production schedule has yet to be confirmed, according to sources from the upstream supply chain.
Patently Apple — In terms of semiconductor packaging business, ASE provides the majority of Apple’sSystem in Packages (SiP). The Taiwanese semiconductor package company Advanced Semiconductor Engineering (ASE) has received major orders from Apple for the Apple Watch, the iPhone 6S and even the 2016 iPhone 7. Yet a portion of Apple’s SiP business goes to Hon-Hai or Foxconn through their ShunSin subsidiary.
Want China Times — Cima NanoTech, a US-based developer of transparent conductive film solutions, announced Tuesday that it has entered into a joint venture with Foxconn Technology Group to deliver components for large format touch screens. The two companies will sell Cima NanoTech’s proprietary Sante ProTouch modules through Cima Touch, the company formed under this joint venture, Cima NanoTech said in a statement.
Times of India — NEW DELHI: Online marketplace Snapdeal has raised $500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank. Existing investors Temasek, BlackRock, Myriad and Premji Invest also participated in the latest funding round, Snapdeal said in a statement. The company had raised more than $1 billion, from investors including Softbank ($627 million) and iconic business leader Ratan Tata (personal investment).
Want China Times — Taiwan’s Asustek Computer confirmed on Tuesday it has teamed up with contract manufacturing giant Foxconn Technology Group (Hon Hai Precision Industry), a key supplier to Apple, to produce smartphones in India. Mass production of the assembly line is expected to begin at the end of August, with a monthly capacity of around 200,000 units, Asustek chief executive Jerry Shen told reporters after the company’s earnings briefing.
Digi Times — Foxconn Electronics will benefit the most for snapping up more windfall smartphone orders as handset vendors including Asustek Computer and Xiaomi Technology are foraying into the smartphone markets in India, Brazil and other emerging economies, according to industry sources.