Sharp in talks with Hon Hai over tie-up: Report

JapanDigi Times — TOKYO: Japanese electronics maker Sharp has entered negotiations with Taiwan’s Hon Hai Precision Industry Co for a tie-up over Sharp’s struggling display business, the Asahi newspaper reported on Saturday.  Investors and analysts have urged Sharp to overhaul its liquid crystal display (LCD) and consumer electronics divisions. Chief executive Kozo Takahashi initially resisted but last month said he was open to major restructuring, including some kind of strategic deal for its LCD business.

http://timesofindia.indiatimes.com/tech/tech-news/Sharp-in-talks-with-Hon-Hai-over-tie-up-Report/articleshow/48616980.cms

Hon Hai, Pegatron secure orders for new iPhone: analyst

TaiwanWant China Times — Taiwan-based Hon Hai Precision Industry (Foxconn) and Pegatron have received large orders from Apple to assemble the next generation of the iPhone, according to a market analyst. Kuo Ming-chi, an analyst with Taipei-based KGI Securities, said in a research report that Hon Hai, the world’s largest contract electronics maker, is expected to become the sole assembler of the next 5.5-inch iPhone model.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150809000059

Hon Hai becomes French IoT firm Actility’s first partner in Asia

TaiwanWant China Times — Taiwanese contract electronics manufacturer Hon Hai Precision Industry (Foxconn) has joined a US$25 million financing scheme made by French Internet-of-Things (IoT) and cloud solution provider Actility, reports our Chinese-language sister paper China Times. Actility builds its IoT platform on the Long Range Wide-area network (LoRaWAN), which allows low bit rate communication from and to connected objects and was developed and standardized by the LoRa Alliance.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20150630000044&cid=1204

Hon Hai aims to replace 30% of workforce with robots in five years

TaiwanWant China Times — Taiwan-based Hon Hai Precision Industry Co (Foxconn), the world’s largest contract electronics maker, said Thursday that it is planning to replace 30% of its workforce with robots within the next five years to improve manufacturing efficiency. The initiative will allow Hon Hai to replace monotonous jobs with robots and allocate some of the 30% to higher-level tasks such as developing software, engaging in e-commerce business and designing human-computer interfaces to improve artificial intelligence and robot management, company chairman Terry Gou said at a meeting with shareholders.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150625000158

Sharp will not reject Hon Hai financial support: CEO

JapanWant China Times — Japanese electronics manufacturer Sharp said it will not refuse financial help from Taiwanese contract electronics manufacturer Hon Hai even though the two companies failed to reach partnership agreement three years ago, reports our Chinese-language sister paper Commercial Times. In March 2012, Sharp was said to have rejected Hon Hai in its bid to acquire a 9.9% stake in Sharp for 66.9 billion yen (US$559 million) which would’ve allowed Hon Hai to have a say in the Sharp’s management.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150625000017

TSMC, Hon Hai ranked among world’s most innovative firms

TaiwanTaiwan Semiconductor Manufacturing (TSMC) and Hon Hai Precision Industry are among the top firms globally in terms of the number of patents obtained in the United States this year, the only two Taiwanese companies to gain that distinction, according to a recently released list. TSMC, the world’s largest contract chip maker, was granted 620 patents in the US between January and May this year, ranking 16th on the list of the “most innovative” companies worldwide.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150616000130

Apple to work with Hon Hai to promote Asia-Pacific data center

ChinaApple will work with Foxconn Technology Group–known as Hon Hai Group in Taiwan–to promote its Asia-Pacific data center located in China’s Guizhou province, Chinese media reported Thursday. Lisa Jackson, Apple’s vice president of environmental initiatives, said the company attaches great importance to big data industry, with emphasis on data security and the values of data mining concepts.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150613000032

Hon Hai speeding up e-commerce development

TaiwanTaiwan’s Hon Hai Precision Industry, the world’s largest contract electronics maker, is accelerating its efforts to develop its e-commerce platform, as part of a plan to expand into businesses other than manufacturing. Hon Hai, also known as Foxconn Technology Group, announced May 25 that its subsidiary Hongfujin Precision Industry (Shenzhen) had acquired an import company, Shenzhen Fuxuntong Trading. The announcement of the 80 million yuan (US$12.9 million) investment came the day after Hon Hai’s FoxconnMall.com, a one-stop business-to-business e-commerce portal, went online.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150608000040

Hon Hai unit partners with Meitu for SE Asia, India

TaiwanFIH Mobile, a subsidiary of Hon Hai Precision Industry, said Wednesday that the company will work with a Chinese photo software developer to penetrate emerging Southeast Asian countries and India. FIH said that it is planning to set up a joint venture with China-based smartphone photo software developer Meitu, taking aim at the booming smartphone markets in Southeast Asia and India.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150507000134

Hon Hai subsidiaries invest NT$2bn in 4G infrastructure

TaiwanTaiwan-based telecom operator Asia Pacific Telecom and 4G service operator AMBIT, both affiliates of electronics contract manufacturing giant Hon Hai (Foxconn), will jointly invest NT$2 billion (US$65 million) for 4G base stations and equipment in Taiwan, reports our Chinese-language sister paper Commercial Times. Four major telecom equipment providers — Nokia, Alcatel-Lucent, Ericsson and Huawei — are among the bidders for this tender. The report said Huawei and Ericsson did not offer prices.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150429000066

Hon Hai’s first-quarter sales boosted by Apple’s new iPhones: analysts

TaiwanTAIPEI–The world’s biggest electronics manufacturer for hire, Hon Hai Precision Industry Co. (鴻海), posted higher sales for the first quarter of this year, compared with the same period last year, due to solid demand for two of the products it makes — Apple Inc.’s new iPhone models — the iPhone 6 and the iPhone 6 Plus, analysts said Saturday. They said that after Apple launched the two new iPhone models in September, strong demand extended to the first quarter of this year from the fourth quarter of last year, helping Hon Hai, which has been dubbed one of the most important “Apple concept stocks” in Taiwan, record a more than 14 percent year-on-year sales increase for the three-month period.

http://www.chinapost.com.tw/business/asia-taiwan/2015/04/12/433436/Hon-Hais.htm

Hon Hai Will Build IT Service JV In Mainland China With SK Group

TaiwanTaiwan’s Hon Hai Precision and South Korea’s SK C&C, a subsidiary of SK Group, will establish a joint venture to provide information technology services in mainland China. Hon Hai said that the joint venture will first provide information technology services to Hon Hai’s plants in mainland China and offer integrated security systems to other companies in mainland China. According to Hon Hai, the joint venture, which will be formally launched in May 2015, will also explore information technology business opportunities in medical and financial sectors.

http://www.chinatechnews.com/2015/04/09/21568-hon-hai-will-build-it-service-jv-in-mainland-china-with-sk-group

Hon Hai aiming to participate in Sharp management: report

JapanTaiwan-based Hon Hai Precision Industry wants to participate in the management of Sharp if it is to invest in the struggling Japanese electronics maker, Hon Hai chairman Terry Gou said in a report in Toyo Keizai. In an interview published in the Japanese weekly Friday, Gou said Hon Hai is ready to support Sharp financially, but the support is contingent on being able to join in the Japanese company’s management. Gou said he has not met with Sharp president Kozo Takahashi in a year, but if the Sharp executive wanted to see him, he would be able to fly to Japan at any time.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150325000018

Hon Hai’s China retail unit builds new brand for ‘makers’

China.gifA retail subsidiary of Hon Hai Precision Industry, the world’s largest contract electronics manufacturer better known by its trading name Foxconn, plans to open 20 stores in China for technology innovators known as “makers,” by the end of the year, a company executive said on Sunday. According to Wang Jung-ching, general manager of Big Cyber, a new retail brand under Hon Hai’s Cybermart consumer electronics chain in China, his firm will open new stores in Beijing and Guangzhou in April and May after already a first store in Shanghai.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150323000113

Hon Hai could help to rescue struggling Sharp

JapanTAIPEI/TOKYO: Taiwan’s Hon Hai Precision Industry is considering joining efforts to help rescue Japanese electronics maker Sharp, the company said in a statement late on Friday.  Hon Hai’s willingness to ‘participate’ in Sharp has never been limited to investing, but could include technology licensing transfer and other forms of cooperation, according to the statement from Hon Hai, which is also known as Foxconn.

http://timesofindia.indiatimes.com/tech/tech-news/Hon-Hai-could-help-to-rescue-struggling-Sharp/articleshow/46644263.cms

Hon Hai exec allegedly steals 4,000 iPhone 6 handsets

TaiwanNew Taipei District prosecutors on Thursday summoned a Hon Hai Precision Industry executive for questioning on allegations that he had stolen 4,000 iPhone 6 handsets. Initial findings of an investigation revealed that the suspect surnamed Tsai is a veteran executive at Hon Hai, the world’s largest electronics contract manufacturer which manufactures many Apple products.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20150320000160

Hon Hai 2014 net profit could break record

TAIPEI–Hon Hai Precision Industry Co., the world’s largest contract electronics maker, posted a record high in sales in 2014, with market analysts attributing the growth to an increase in orders from U.S. consumer electronics giant Apple Inc. The strong sales for 2014 are expected to help Hon Hai break a record in net profit, analysts said.

http://www.chinapost.com.tw/business/asia-taiwan/2015/01/12/426274/Hon-Hai.htm

Taiwan ODMs to attract IoT partnerships with fund-raising platforms

With Internet of things (IoT) applications growing popular, many Taiwan-based ODMs and EMS providers are planning to establish fund-raising platforms to attract partnerships with designers worldwide, according to sources from the upstream supply chain. Foxconn Electronics (Hon Hai Precision Industry) established the kick2real website in April, while Quanta Computer is also considering establishing a similar platform.

http://www.digitimes.com/news/a20141204PD205.html

Apple Orders Help Hon Hai Achieve 22% Revenue Growth In October 2014

Due to the fast sales of Apple’s new products, Hon Hai achieved combined operating revenue of NTD468.999 billion, which was about CNY94 billion, in October 2014, representing a year-on-year increase of 22.58% and an increase of 12.9% compared with September 2014. Hon Hai revealed that its combined operating revenue in October 2014 was the second highest monthly revenue in the company’s history, which was only second to its NTD490.931 billion revenue in December 2013.

http://www.chinatechnews.com/2014/11/17/21128-apple-orders-help-hon-hai-achieve-22-revenue-growth-in-october-2014

Turkish cellphone producer said to partner with Hon Hai

TAIPEI–Telpa, a Turkish mobile phone supplier, is planning to work with Taiwan-based high-tech giant Hon Hai Precision Industry Co. (鴻海) to roll out mobile phones and tablet computers in Turkey, according to Reuters. Cited in the report, Telpa Chief Executive Sebahattin Yaman said that while Hon Hai, also known as Foxconn, plans to invest in Turkey to produce cellphones and tablets, the Taiwanese firm is also considering moving production of other gadgets to the country.

http://www.chinapost.com.tw/business/asia-taiwan/2014/11/16/421940/Turkish-cellphone.htm