Terry Gou

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Taiwan’s president Tsai Ing-wen: said China was trying to isolate and demoralise Taiwan, and force it to accept the ‘one country, two systems’ formula. Photograph: David Chang/EPA
Taiwan’s richest man pulls out of presidential race

In a surprise move, billionaire Terry Gou has opted out of the upcoming Taiwan presidential race, a call that could help unite the Beijing-friendly Ku(...)

Foxconn boss Terry Gou told the company’s agm in Taipei he would hand over the running of the company to a newly-formed nine-member operations committee. Photograph: Eason Lam/Reuters
Foxconn picks chip-unit head to succeed Gou as chairman

Apple supplier Foxconn on Friday chose chip-unit boss Liu Young-way as chairman to succeed Terry Gou, who is preparing to contest Taiwan’s presidentia(...)

Foxconn: pulled off a $3.5 billion takeover of Japanese consumer electronics group Sharp last year. Photograph: Tyrone Siu/Reuters
Foxconn wants Apple to join it in bid for Toshiba’s memory business

Taiwan’s Foxconn has approached Apple about a potential joint bid for Toshiba’s flash memory business in what could be a $28 billion takeover battle. (...)

Workers eat their lunch at a restaurant inside a Foxconn factory in the township of Longhua in Shenzhen, Guangdong province in China. At present the company employs roughly a million workers across the country.
Apple manufacturer Foxconn weighs up $7bn US facility

Foxconn Technology Group is considering building a US display-making facility for upwards of $7 billion, a major investment for Apple’s main manufactu(...)

Drivers at a rest area between Zhengzhou and Shanghai in China. Unmarked trucks carry loads of iPhones destined for New York, London and other places around the world. Photograph: The New York Times
Inside China’s ‘iPhone City’, the land of sweeteners and perks

A vast, boxy customs centre acts as a busy island of commerce deep in central China. Government officers, in sharply pressed uniforms, race around a m(...)

Kozo Takahashi, president of Sharp Corp: he wrote in an open letter that staff cuts would be carried out “responsibly and sensitively”. Photograph: Tomohiro Ohsumi/Bloomberg
Foxconn founder tells Sharp layoffs needed to begin revival

Foxconn founder Terry Gou said there would have to be layoffs at Sharp to turn around the ailing Japanese company, but pledged that wages would rise a(...)

Taiwan’s Foxconn agreed to acquire Sharp at a big discount to its original offer. It marks the largest acquisition by a foreign company in Japan’s insular tech industry. It will also help strengthen Foxconn’s pricing power with major client Apple.
Foxconn agrees $3.5bn Sharp takeover

Taiwan’s Foxconn agreed to acquire Sharp Corp at a big discount to its original offer after a month of wrangling that sowed more doubts over whether t(...)

Terry Gou, founder and chairman of Taiwan’s Foxconn Technology: Significantly reduced his original offer. Photograph: Reuters/Anindito Mukherjee/Files
Foxconn looks to cut $6bn bid for rival Sharp by a third

Foxconn and Sharp will both hold board meetings today in an attempt to close a chaotic takeover deal after tough talks to cut the $6 billion (€5.3 bil(...)

A sharp TV screen on display at an electronics store in Taipei, Taiwan
Foxconn confirms deal to acquire Japan’s Sharp

Taiwan’s Foxconn will acquire two-thirds of ailing electronics maker Sharp, marking the largest acquisition of a Japanese tech firm by a foreign comp(...)

Angela Merkel gazes out from this oil painting by Irish artist Colin Davidson. Photograph: PA Wire
Planet Business

Image of the week: Power portrait Looking almost, but not quite, as enigmatic and serene as the Mona Lisa, Angela Merkel gazes out from this oil pa(...)

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