Anyone familiar with Foxconn/Hon Hai Precision Industry retained a healthy dose of skepticism when Foxconn announced it would build advanced liquid-crystal displays (LCDs) in Wisconsin. To put it charitably, Foxconn is not renowned for honoring its contracts. More than 20 years ago, when I was working for Electronic Business magazine, one of our editors spent…
Editor’s note: Apple hit a market cap of $1 trillion on August 2. How’d they do that? While everybody else in the electronics industry is talking about this extraordinary milestone, Apple is staying mum when it comes to those who supply chips and components to Apple. As part of our Special Project on ‘Apple’s $1 Trillion Climb’…
Editor’s Note: Welcome to AspenCore’s Special Project on Focus on Taiwan, Part 2. Offered in the form of an eBook, this special project provides an in-depth look at Taiwan. We explored the topic from multiple angles including the business, technology, and economy. The ascension of mainland China as a manufacturing powerhouse has been both a blessing…
Foxconn Interconnect Technology Limited (HKG: 6088), a subsidiary of Hon Hai Precision Industry Co., Ltd., and Belkin International, Inc. (Belkin®, Linksys®, Wemo®, Phyn® brands), jointly announced today the signing of a definitive agreement under which FIT agreed to acquire Belkin at US$866 million in cash, creating a global consumer electronics leader. Leveraging Belkin’s strength in research and development capabilities and consumer productschannel ,…
Verticalization – or the more modern version of it – is in vogue again and its embrace by the biggest and most powerful OEMs is roiling the electronics industry as the opportunities and sizes of markets served by semiconductor makers, component distributors and software developers shrink further, forcing a re-evaluation of their roles, offerings and…
The Trump administration’s position on the free trade agreement (FTA) known as NAFTA is crystal clear: it is considered a “bad deal.” What’s less clear is how any action taken by the administration will impact cross-boarder commerce. The Trump administration has said it will renegotiate or pull out of NAFTA to preserve U.S. jobs. Electronics…
Foxconn Technology Co. Ltd is giving a new meaning to the term “full-service-provider.” It is a contract manufacturer, a supplier of a wide range of parts and services to electronics OEMs and, since last year, a provider of critical financing support to suppliers. By setting up a business unit to fund suppliers, Foxconn has cracked…
Irvine, Calif. – American Industrial Systems, Inc. (AIS), a global leading supplier of Human Machine Interfaces (HMI), Industrial PCs and Industrial Automation (IA) Control and Monitoring Systems, announced today Ennoconn Corporation (6414.TW), a subsidiary of Foxconn Technology Group (2317.TW) in Taiwan, a global leader of industrial hardware systems and solutions provider to various vertical market applications,…
Robots are the natural next step in the evolution of the electronics manufacturing supply chain. This shouldn’t surprise anyone but it seems some economists and researchers were shocked at the recent news that Foxconn had automated some of its plants, replacing workers with robots. This resulted in the elimination of as many as 60,000 factory…
Ongoing consolidation has me sometimes feeling that the semiconductor and electronics industry is a shrinking group of major corporations representing leading sectors. The headlining M&A story of the year—so far– is the Foxconn-Sharp merger penned at the beginning of April, but which began in 2012. The seesaw story of Sharp’s financial troubles plagued the company for…