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Foxconn-Sharp partnership
Foxconn has taken over Sharp, and is keen on rejuvenating the Japanese brand.
IN THE NEWS
Monday 20 January 2025
Former Sharp CEO sues Foxconn founder over incentive dispute
Jeng-wu Tai, retired vice president of Hon Hai (Foxconn) and ex-CEO of Sharp, has taken legal action against his former employer and Terry Gou, the founder of Hon Hai, over an alleged...
Wednesday 15 January 2025
Record-breaking electronic paper innovations receive attention at CES 2025
CES, one of the world's most influential technology events, once again showcased groundbreaking innovations. Although electronic paper wasn't the main highlight of this year's event,...
Monday 6 January 2025
Sekisui Chemical to invest US$2 billion in perovskite solar cells by 2030
Sekisui Chemical is set to acquire Sharp's Sakai facility in Osaka to construct a new factory for next-generation perovskite solar cells. Sekisui plans to form a new solar cell company...
Friday 3 January 2025
Software-defined vehicles reshape auto industry amid EV slowdown
Global electric vehicle adoption is losing momentum, with industry experts warning of turbulent times ahead. At Sharp's technology showcase in September 2024, Foxconn EV Chief Strategy...
Thursday 2 January 2025
Nissan and Honda weigh domestic merger against foreign investment
Honda and the financially troubled Nissan have announced plans to merge, with Mitsubishi Motors expected to decide on its participation within the month. While speculation suggests...
Monday 30 December 2024
Sharp focuses on brand management as Foxconn acquires its camera module division
Sharp has announced the sale of its camera module assets to Fullertain Information Technologies, a subsidiary of Foxconn. Sharp stated that this move will reduce the investment burden...
Thursday 26 December 2024
Sharp advances asset-light strategy with US$159.06 million sale to Sekisui Chemical
With the backing of its major shareholder, Foxconn, Sharp is actively pursuing a transformation strategy. Following an earlier agreement to sell part of the land and facilities at...
Wednesday 11 December 2024
Sharp and KDDI to transform Sakai plant into AI data center
Sharp and KDDI Corporation have announced a joint venture to develop an AI data center in Osaka. The two companies have entered into a Memorandum of Understanding (MoU) to transform...
Friday 15 November 2024
Foxconn sees growth in 4Q24, optimistic about 2025
Hon Hai (Foxconn) achieved record-breaking revenue of NT$1.85 trillion (US$56.77 billion) in the third quarter of 2024, while revenue for the first three quarters reached NT$4.7 trillion...
Wednesday 13 November 2024
Foxconn's reforms drive Sharp to strong 2Q24 profit turnaround
Foxconn's profits are climbing on strong demand for AI servers, while its subsidiary Sharp—long seen as a drag on earnings—has delivered promising results. Sharp's second...
Monday 14 October 2024
From phones to EVs: Foxconn doubles down on China's Zhengzhou investments
In response to geopolitical shifts and evolving client demands, Foxconn has been investing heavily in manufacturing expansion across Vietnam, India, and Mexico. Meanwhile, its recent...
Wednesday 24 July 2024
Sharp acquires communication patents from Foxconn subsidiary to boost wireless tech portfolio
Sharp has made a strategic move to enhance its mobile device wireless communication technology by acquiring communication patents from Foxconn. This acquisition aims to strengthen...
Wednesday 17 July 2024
Sharp halts production on large-size LCD panels; 500 employees 'forced' to retire early
Sharp's large-size LCD panel factory, Sakai Display Product (SDP), located in Osaka, Japan, is set to close by the end of September 2024. Sharp has offered an early retirement plan...
Tuesday 16 July 2024
E Ink surges as Samsung joins Sharp and Philips in e-paper billboard adoption
E Ink's recent operations have shown strong performance after overcoming challenging times, with their full-color e-paper billboards being adopted by major brands. In addition to...
Friday 28 June 2024
Elected chairman of Sharp, how will Foxconn's Young Liu help the company's transformation?
Sharp has experienced significant losses over the past two years due to issues at its Sakai Display Products (SDP) subsidiary, which has impacted Foxconn's profitability. Helping...