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Exclusive: Foxconn plans to sell $ 8.8 billion in China

TAIPEI (Reuters) – Taiwan's Foxconn is considering the sale of its new $ 8.8 billion scoreboard factory in China, Reuters told reporters, as demand for the product slipped intensified trade war between the US and China. FILE PHOTO: A motorcyclist passes the Taipei, Taiwan logo of Foxconn, the trade name of Hon Hai Precision Industry. REUTERS / Tyrone Siu / …

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Exclusive: Foxconn plans to sell $ 8.8 billion in China

By Yimou Lee TAIPEI (Reuters) – Taiwan's Foxconn is testing the sale of its new $ 8.8 billion billboard factory in China. China trade war. Foxconn, formerly known as Hon Hai Precision Industry, is in talks to hire banks to find a buyer for its liquid crystal display (LCD) factory, which is being built in the southern Chinese city of …

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Exclusive: Foxconn plans to sell $ 8.8 billion in China

TAIPEI (Reuters) – Taiwan's Foxconn is considering the sale of its new $ 8.8 billion scoreboard factory in China, Reuters told reporters, as demand for the product slipped intensified trade war between the US and China. FILE PHOTO: A motorcyclist passes the Taipei, Taiwan logo of Foxconn, the trade name of Hon Hai Precision Industry. REUTERS / Tyrone Siu / …

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SoftBank announces its $ 108 billion AI Focused Second Vision Fund, including Microsoft, Apple and Foxconn – TechCrunch

SoftBank Group announced today that it will launch its second Vision Fund with the participation of Apple, Foxconn, Microsoft and other technology companies and investors. The Fund, named Vision Fund 2, will focus on AI-based technology. According to SoftBank, capital of the fund has reached approximately $ 108 billion, according to letters of intent. The SoftBank Group's own investment in …

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Terry Gou, chairman of Foxconn, hands over the reins before the presidential bid

Terry Gou Tai-ming, Founder and Chairman of Taiwan's Foxconn Technology VCG | Getty Images Foxconn chairman Terry Gou said Friday he would hand over the leadership of the world's largest electronic contract manufacturer to a new Operations Committee as he prepares for next year's presidential election in Taiwan. [6859002] The 68-year-old Foxconn founder spoke at the company's annual meeting in …

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Terry Gou steps down as Chairman of Foxconn to run for Taiwan's President – TechCrunch

Terry Gou said at today's Foxconn Annual General Meeting that he is leaving the electronics manufacturer giant as he prepares to run for the president of Taiwan. Gou, who founded Foxconn (also known as Hon Hai Precision Industry Co.) 45 years ago and is also the largest shareholder in the company, remains on the company's board. Foxconn's semiconductor semiconductor business …

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Foxconn has hired some production lines for Huawei phones – TechCrunch

Huawei, the Chinese technology giant whose equipment is involved in a far-reaching trade dispute between the US and the Chinese government, lowers [TheSouthChinaMorningPostaccording to a report. According to unknown sources, Taiwanese technology manufacturer Foxconn has closed production of several Huawei phones after the Shenzhen-based company cut its orders. Foxconn also manufactures devices for most major smart phone vendors, including Apple …

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Apple supplier Foxconn, Japan Display report disappointing results

Billionaire Terry Gou, chairman of the Foxconn Technology Group, right, listens as Scott Walker, Governor of Wisconsin, on Wednesday, July 26, 2017, during an event in the East Room of the White House in Washington, DC, USA , speaks . Andrew Harrer | Bloomberg | Getty Images Foxconn and Japan Display reported disappointing financial results this week as the impact …

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Trump plans to work with Tony Evers on Foxconn jobs, says campaign

Buy Photo President Donald Trump (second from left) is assisted by Governor Scott Walker (left), Foxconn Chairman Tery Gou and House Speaker Paul Ryan (right) on June 28, 2018 during the solemn laying of the foundation for Foxconn Factory in Mount Pleasant. [Photo: Mark Hoffman / Milwaukee Journal Sentinel] ASHWAUBENON – President Donald Trump wants Governor Tony Evers to be …

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Tony Evers reduces employment goals for Foxconn in Wisconsin

MADISON – Foxconn's $ 3 billion deal with Wisconsin taxpayers allows the Taiwanese tech giants to receive tax credits each year as the company creates hundreds of jobs every year – a goal that, according to Tony Evers, "is too expansive " be. Evers and Foxconn representatives are in talks to rewrite a contract that sets out Foxconn's investment in …

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